tag:blogger.com,1999:blog-35654085947589826422017-09-13T02:28:30.122+03:00THENEWSTIMELINE.blogspot.comZAT Cohttps://plus.google.com/109368630212859290585noreply@blogger.comBlogger111125tag:blogger.com,1999:blog-3565408594758982642.post-54498293424489670172016-12-12T14:50:00.001+02:002016-12-12T14:50:11.329+02:00CARA Daftar Ulang <div dir="ltr" style="text-align: left;" trbidi="on"><!--[if gte mso 9]><xml> <w:WordDocument> <w:View>Normal</w:View> <w:Zoom>0</w:Zoom> <w:DoNotOptimizeForBrowser/> </w:WordDocument></xml><![endif]--> <br /><div class="MsoNormal" style="mso-layout-grid-align: none; mso-pagination: none; text-autospace: none;"><b><span style="color: red; font-family: Arial; font-size: 18.0pt;">DAFTAR ULANG MARKETGLORY</span></b><span style="font-family: Arial; font-size: 10.0pt;"></span></div><div class="MsoNormal" style="mso-layout-grid-align: none; mso-pagination: none; text-autospace: none;"><br /></div><ul style="text-align: left;"><li><span style="font-family: Arial; font-size: 10.0pt;">SYARAT MUTLAK DAFTAR ULANG ADALAH.... MENGGUNAKAN LINK INI....<span style="mso-spacerun: yes;">&nbsp; </span>DALAM DAFTAR ULANG UNTUK GABUNG DALAM LINK / JARINGAN AKU<span style="mso-spacerun: yes;">&nbsp; </span>dan LANGKAH AWALNYA clear browser history dan cache kamu &gt;&gt;&gt; LALU uninstal / copot digipas kamu bila sudah pakai... baru daftar ulang... setelah selesai daftar ulang Tunggu pesan dari aku sebagai tanda persahabatan kita dimulai Copy link ini dan daftar ulang :Kamu tinggal klik dibawah Untuk<span style="mso-spacerun: yes;">&nbsp; </span>gabung dengan link aku<span style="mso-spacerun: yes;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span></span></li></ul><div class="MsoNormal" style="mso-layout-grid-align: none; mso-pagination: none; text-autospace: none;"><br /></div><div class="MsoNormal" style="mso-layout-grid-align: none; mso-pagination: none; text-autospace: none;"><span style="font-family: Arial; font-size: 10.0pt;"><span style="mso-spacerun: yes;"><a href="http://www.marketglory.com/strategygame/PT_Elizabeth" target="_blank">Daftar ulang klik disini</a> </span></span><span style="font-family: Arial; font-size: 10.0pt;"><span style="mso-spacerun: yes;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span></span></div><div class="MsoNormal" style="mso-layout-grid-align: none; mso-pagination: none; text-autospace: none;"><span style="font-family: Arial; font-size: 10.0pt;">&nbsp;</span></div><div class="MsoNormal" style="mso-layout-grid-align: none; mso-pagination: none; text-autospace: none;"><br /></div><ul style="text-align: left;"><li><span style="font-family: Arial; font-size: 10.0pt;">LANGKAH PERTAMA....Cara Daftar ulang....<span style="mso-spacerun: yes;">&nbsp;&nbsp; </span>clear browser history dan cache kamu &gt;&gt;&gt; uninstal / copot digipas kamu bila sudah pakai &gt;&gt;&gt; buat akun Email baru<span style="mso-spacerun: yes;">&nbsp; </span>Gmail atau Yahoo&gt;&gt;&gt;LALU RESTART / MATIKAN ULANG HP ATAU KOMPUTER KAMU&gt;&gt;&gt; copy paste link ini pada browser atau bisa juga melalui Face book aku daftarnya&nbsp;<span style="mso-spacerun: yes;">&nbsp; </span></span></li><li><span style="font-family: Arial; font-size: 10.0pt;">LANGKAH KEDUA HARUS SELALU INGAT INI..... CATATAN PENTING<span style="mso-spacerun: yes;">&nbsp; </span>JANGAN PERNAH LAGI AKUN LAMA KAMU DI BUKA LAGI karena tidak boleh main 2 akun jadi anggap saja akun lama tidak ada... bila kamu main<span style="mso-spacerun: yes;">&nbsp; </span>2 akun nanti akun kamu di kunci oleh admin marketglory.....(main jujur aja bro) hehehe</span></li></ul><div class="MsoNormal" style="mso-layout-grid-align: none; mso-pagination: none; text-autospace: none;"><br /></div><div class="MsoNormal" style="mso-layout-grid-align: none; mso-pagination: none; text-autospace: none;"><br /></div><div class="MsoNormal" style="mso-layout-grid-align: none; mso-pagination: none; text-autospace: none;"><span style="font-family: Arial; font-size: 10.0pt;">==============================</span></div><div class="MsoNormal" style="mso-layout-grid-align: none; mso-pagination: none; text-autospace: none;"><b><span style="color: red; font-family: Arial; font-size: 18.0pt;">***CARA DAFTAR ULANG Versi Lebih Mudah***</span></b><span style="font-family: Arial; font-size: 10.0pt;"></span></div><div class="MsoNormal" style="mso-layout-grid-align: none; mso-pagination: none; text-autospace: none;"><br /></div><ul style="text-align: left;"><li><span style="font-family: Arial; font-size: 10.0pt;">Cara LAIN DAFTAR ULANG.... paling gampang...TANPA CLEAR Cache Browser........<span style="mso-spacerun: yes;">&nbsp; </span>RESTART / MATIKAN ULANG HP ATAU KOMPUTER KAMU&gt;&gt;&gt; LALU pakai browser lain AJA saat daftar ULANG... misalnya sekarang main pakai Chrome.... Daftar ulang pakai Modzila Firefox Atau UC browser....</span></li><li><span style="font-family: Arial; font-size: 10.0pt;">Tapi kalau sudah bikin akun yang baru akun lama jangan di mainkan lagi nanti kena Peringatan dari Marketglory... yang kalo kita langgar lagi akun kita bisa di kunci sementara... lalu kalau melanggar lagi akan dikunci banget intinya cuma boleh main satu akun.... dan setelah kamu daftar ulang aku akan kasi tau ADMIN MG bahwa akun baru ini masuk dalam LINK adku dan akun lama tidak akan di mainkan JD aman (bertanggung jawab) mas bro...</span></li><li><span style="font-family: Arial; font-size: 10.0pt;">CARA BIKIN EMAIL Yahoo pertama ketik pada browser&gt;&gt; Yahoo.com &gt;&gt;&gt; klik/push&gt;&gt; mail &gt;&gt;&gt; Lihat di bawah ada Tulisan DAFTAR... &gt;&gt;&gt; isi saja FORM yang diminta disitu... ya paling 5 menit juga beres bikin EMAIL yahoo</span></li></ul><div class="MsoNormal" style="mso-layout-grid-align: none; mso-pagination: none; text-autospace: none;"><span style="font-family: Arial; font-size: 10.0pt;"><a href="http://www.marketglory.com/strategygame/PT_Elizabeth" target="_blank">&nbsp;Daftar ulang klik Disini</a></span></div><div class="MsoNormal" style="mso-layout-grid-align: none; mso-pagination: none; text-autospace: none;"><br /></div><div class="MsoNormal" style="mso-layout-grid-align: none; mso-pagination: none; text-autospace: none;"><span style="font-family: Arial; font-size: 10.0pt;"><br /></span></div></div>ZAT Cohttps://plus.google.com/109368630212859290585noreply@blogger.com0tag:blogger.com,1999:blog-3565408594758982642.post-84353474300159932782016-11-17T07:06:00.000+02:002016-11-17T07:06:02.590+02:00FROM THE GAME TO REAL MONEY (indonesia Version)<div dir="ltr" style="text-align: left;" trbidi="on"><h2 style="text-align: center;"><span style="color: #6aa84f;">FROM THE GAME TO REAL MONEY</span></h2><br /><ul style="text-align: left;"><li>BUAT YANG PUNYA JIWA DAGANG DISINI KAMU BISA BIKIN PERUSAHAAN..</li><li>INI BUKAN GAME PERANG TAPI INI GAME BERBISNIS...</li><li>YANG MENGHASILKAN UANG BENERAN...</li></ul><br /><a href="http://www.marketglory.com/strategygame/PT_Elizabeth" target="_blank">CLICK/PUSH HERE UNTUK DAFTAR</a><br /><br /><ul style="text-align: left;"><li>1.Registration can only be done when using gmail (Email)</li><li>2.After completion of registration, · Download application DigiPass MG </li><li>located next to the clock server</li><li>3.Using DigiPass you will get an additional bonus of 25% Bonus work and fight bonus</li></ul><br /><blockquote>***CARA MAIN UNTUK PEMULA BELUM, PERMASUK BUKA PERUSAHAAN****<br />THE FIRST DAY<br />SETELAH MENDAFTAR KAMU TERLEBIH DULU WAJIB DOWNLOAD DIGIPASS POSISINYA DI SEBELAH JAM SERVER,&nbsp; UNTUK MENDAPATKAN 25% TAMBAHAN BONUS DARI SETIAP KAMU WORK DAN FIGHT</blockquote>catatan/ warning..! game ini tidak boleh di mainkan menggunakan wifi publik.....<br />1 first fight 10 x to untuk mendapatkan uang, fight lalu attack, ini lamanya selama 10 menit<br /><br /><a href="http://www.marketglory.com/strategygame/PT_Elizabeth" target="_blank">CLICK/PUSH HERE UNTUK DAFTAR</a><br /><br /><br />Cara fight<br /><ul style="text-align: left;"><li>a). Click Fight&gt;&gt; Fight Refferal&gt;&gt; Attack&gt;&gt; Attack now</li><li>b).Setelah fight kamu mulai beli koran sebanyak 10 (click Home scroll down), </li><li>pilih koran yang akan kamu beli (contoh koran Double energy : JUDUL Daftar harga hari ini). Click Pada harga untuk membelinya Contoh 0.1 atau lebih murah lagi.</li><li>c).Referrals fight a maximum dilakukan 10x per hari dan kamu dibayar untuk melakukan ini</li><li>d).Koran memberikan energy sebesar 0.3 max pembelian 10 newspapers =&nbsp; +3 energy</li><li>e).Setelah 10x fight. Now you work, uang yang dihasilkan tergantung dari nilai total productivity yang tertulis saat kamu klik Work, Disini kamu bisa lihat total nilai productivity.Setiap kamu bekerja Nilai ini akan bertambah.</li><li>f). Kamu hanya bisa bekerja 1x per Hari, dan kamu bisa bekerja lagi setelah 24 jam berikutnya. (contoh: hari ini kamu Work 10am artinya kamu baru bisa kerja besok jam 10am.)</li><li>g). Jangan lupa / Bolos work setiap harinya, karena setiap tigahari berurutan kamu kerja, Kamu akan mendapatkan work Bonus&nbsp; (bonus Work) Dari pemerintahan Indonesia.</li></ul><br /><a href="http://www.marketglory.com/strategygame/PT_Elizabeth" target="_blank">CLICK/PUSH HERE UNTUK DAFTAR</a><br />Hari ke 2<br /><ul style="text-align: left;"><li>a). Kamu masih punya sisia uang dari Work (bekerja) kemarin, sekarang beli koran 10 x dan bila uang kamu cukup, sekarang beli High Quality Dairy (milk) di local market,</li><li>b). Sekarang Fight 10x Baru Work (bekerja)</li></ul><div style="text-align: left;"><br />Hari berikutnya<br /></div><ul style="text-align: left;"><li>Lakukan hal yang sama seperti hari kedua tapi dengan target pembelian Wine sebelum kamu Fight (WARNING JANGAN MEMBELI KOPI UNTUK FIGHT KARENA KAMU AKAN RUGI BESAR secara nilai uang)</li><li>- Bila Kamu mendaftar disini saya akan bantu kamu hingga kamu faham dan menghasilkan uang </li></ul><br /><br /><br /><br /><a href="http://www.marketglory.com/strategygame/PT_Elizabeth" target="_blank">CLICK/PUSH HERE UNTUK DAFTAR</a><br /><br /></div>ZAT Cohttps://plus.google.com/109368630212859290585noreply@blogger.com0tag:blogger.com,1999:blog-3565408594758982642.post-36555786658788620052016-11-05T17:00:00.000+02:002016-11-05T06:40:02.453+02:00FROM THE GAME TO REAL MONEY<div dir="ltr" style="text-align: left;" trbidi="on"><div class="separator" style="clear: both; text-align: center;"><a href="https://2.bp.blogspot.com/-xZ0yNJzJHIY/WBVlMcsrxzI/AAAAAAAABrA/gAWL6OfpeNkWWyGm3bP_dNDkgpifz8gswCLcB/s1600/111.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" src="https://2.bp.blogspot.com/-xZ0yNJzJHIY/WBVlMcsrxzI/AAAAAAAABrA/gAWL6OfpeNkWWyGm3bP_dNDkgpifz8gswCLcB/s1600/111.jpg" /></a></div><div style="text-align: center;"><span style="color: #6aa84f;"><span style="font-size: large;"><span style="font-family: &quot;helvetica neue&quot; , &quot;arial&quot; , &quot;helvetica&quot; , sans-serif;"><b><span style="color: red;">THIS IS THE ECONOMICAL GAME, RUN YOUR BUSINESS&nbsp; AND THE PROFIT YOU CAN TRANSFER TO YOUR BANK ACCOUNT</span>&nbsp; </b></span></span></span></div><br /><br /><a href="http://www.marketglory.com/strategygame/PT_Elizabeth" target="_blank"><b>Click Here To Register</b></a><br /><br /><ul style="text-align: left;"><li>1.Registration can only be done when using gmail (Email)</li><li>2.After completion of registration, · Download application DigiPass MG </li><li>located next to the clock server</li><li>3.Using DigiPass you will get an additional bonus of 25% Bonus work and fight bonus</li></ul><br /><b><span style="background-color: blue;">&nbsp;&nbsp;&nbsp;</span> THE FIRST DAY</b><br /><br /><ul style="text-align: left;"><li>First fight 10 times to get money, fight then&nbsp; attack, this lasted ten minutes</li></ul><br /><b><span style="background-color: magenta;">&nbsp;&nbsp;&nbsp;</span> How to fight</b><br /><ul style="text-align: left;"><li><b>a). Click Fight&gt;&gt;</b> Fight Refferal&gt;&gt; <b>Attack&gt;&gt;</b> Attack now</li><li><b>b).</b> After the fight you get the money, then you buy a newspaper (click Home scroll down), </li><li>find a newspaper with the lowest price (Example0.03). Click On the price to buy</li><li><b>c).</b> Referrals fight could be a maximum of 10x per day and you get paid</li><li><b>d).</b> Newspaper adds energy of 0.3 up to 10 newspapers = you get +3 energy</li><li><b>e).</b> After the fight 10x. Now you work, the Money outcome of your work depends on the value of productivity, now you see the value of your experience, every time you work this value will increase</li><li><b>f).</b> You can only work 1x per day, and you can work again after the next 24 hours. (Example: today you work at 10 am means you can work tomorrow after 10am.)</li><li><b>g).</b> Do not forget to work every day, because every three days you will receive bonus money from work (bonus Work) from the government of your country.</li></ul><br /><br /><b><span style="background-color: #e69138;">&nbsp;&nbsp;&nbsp;</span> 2nd DAY</b><br /><ul style="text-align: left;"><li><b>a).</b> You had some money from work yesterday, now buy the newspaper 10 x and when your money is, now buy high quality dairy (milk) at the local market,</li><li><b>b).</b> Now You Fight 10x then Work</li></ul><br /><b><span style="background-color: #93c47d;">&nbsp;&nbsp;&nbsp;</span> Next day</b><br /><br /><ul style="text-align: left;"><li>you just do the same as 2nd day</li><li>-IF YOu Register Here I will Help you with the secrets how to get more money.</li></ul><div style="text-align: left;"><br /><a href="http://www.marketglory.com/strategygame/PT_Elizabeth" target="_blank"><b>Click Here To Register</b></a><br /><br /><br /><br /><br /></div></div>ZAT Cohttps://plus.google.com/109368630212859290585noreply@blogger.com1tag:blogger.com,1999:blog-3565408594758982642.post-18603824563244574312016-11-05T06:46:00.001+02:002016-11-05T06:46:25.958+02:00What Is MarketGlory<div dir="ltr" style="text-align: left;" trbidi="on"><div style="text-align: left;"><span style="font-family: &quot;verdana&quot; , sans-serif;"><span style="background-color: blue;">&nbsp;&nbsp;&nbsp;&nbsp;</span> <b>MarketGlory </b>is an economic, political, social and military simulator where you can use your local currency into your benefit.</span></div><ul style="text-align: left;"><li><span style="font-family: &quot;verdana&quot; , sans-serif;">Each player from the MarketGlory community has the opportunity to: work, set up companies, run for the government, recommend referrals, gain military ranks and build their own organization.</span></li><li><span style="font-family: &quot;verdana&quot; , sans-serif;">The road to success in MarketGlory is achieved through a personal strategy by each player in the community. There is no time limit, some will reach objectives sooner than others. It is important to be present in MarketGlory and develop something that gives you satisfaction in this game. Success is the result of an activity which is based on action and perseverance. In every field of life, those who do not give up will certainly reach all their goals.</span></li></ul><br /><div><span style="font-family: &quot;verdana&quot; , sans-serif;"><span style="background-color: red;">&nbsp;&nbsp;&nbsp;&nbsp;</span> Therefore, success in MarketGlory can give you a substantial income in real life.</span><br /><br /><b><span style="font-family: &quot;verdana&quot; , sans-serif;"><span style="font-family: &quot;verdana&quot; , sans-serif;">To</span> Withdrawal money From MarketGlory is easy, Just Go to </span></b><b><span style="font-family: &quot;verdana&quot; , sans-serif;">Withdrawal icon if you have credi<span style="font-family: &quot;verdana&quot; , sans-serif;">t</span> car<span style="font-family: &quot;verdana&quot; , sans-serif;">d you can do directly, but if you only have bank account use reseller, cli<span style="font-family: &quot;verdana&quot; , sans-serif;">ck on reseller bu<span style="font-family: &quot;verdana&quot; , sans-serif;">t</span>ton then se<span style="font-family: &quot;verdana&quot; , sans-serif;">ar<span style="font-family: &quot;verdana&quot; , sans-serif;">ch reseler&nbsp; from your country then request, after that you contact him</span></span></span></span> via <span style="font-family: &quot;verdana&quot; , sans-serif;">his phone no (sms or call) or another system <span style="font-family: &quot;verdana&quot; , sans-serif;">(BBM etc)</span></span></span></b></div></div>ZAT Cohttps://plus.google.com/109368630212859290585noreply@blogger.com0tag:blogger.com,1999:blog-3565408594758982642.post-19341639838698678052016-11-05T06:40:00.000+02:002016-11-05T06:40:51.832+02:00FROM THE GAME TO REAL MONEY<div dir="ltr" style="text-align: left;" trbidi="on"><div class="separator" style="clear: both; text-align: center;"><a href="https://2.bp.blogspot.com/-xZ0yNJzJHIY/WBVlMcsrxzI/AAAAAAAABrA/gAWL6OfpeNkWWyGm3bP_dNDkgpifz8gswCLcB/s1600/111.jpg" style="margin-left: 1em; margin-right: 1em;"><img border="0" src="https://2.bp.blogspot.com/-xZ0yNJzJHIY/WBVlMcsrxzI/AAAAAAAABrA/gAWL6OfpeNkWWyGm3bP_dNDkgpifz8gswCLcB/s1600/111.jpg" /></a></div><div style="text-align: center;"><span style="color: #6aa84f;"><span style="font-size: large;"><span style="font-family: &quot;helvetica neue&quot; , &quot;arial&quot; , &quot;helvetica&quot; , sans-serif;"><b><span style="color: red;">THIS IS THE ECONOMICAL GAME, RUN YOUR BUSINESS&nbsp; AND THE PROFIT YOU CAN TRANSFER TO YOUR BANK ACCOUNT</span>&nbsp; </b></span></span></span></div><br /><br /><a href="http://www.marketglory.com/strategygame/PT_Elizabeth" target="_blank"><b>Click Here To Register</b></a><br /><br /><ul style="text-align: left;"><li>1.Registration can only be done when using gmail (Email)</li><li>2.After completion of registration, · Download application DigiPass MG </li><li>located next to the clock server</li><li>3.Using DigiPass you will get an additional bonus of 25% Bonus work and fight bonus</li></ul><br /><b><span style="background-color: blue;">&nbsp;&nbsp;&nbsp;</span> THE FIRST DAY</b><br /><br /><ul style="text-align: left;"><li>First fight 10 times to get money, fight then&nbsp; attack, this lasted ten minutes</li></ul><br /><b><span style="background-color: magenta;">&nbsp;&nbsp;&nbsp;</span> How to fight</b><br /><ul style="text-align: left;"><li><b>a). Click Fight&gt;&gt;</b> Fight Refferal&gt;&gt; <b>Attack&gt;&gt;</b> Attack now</li><li><b>b).</b> After the fight you get the money, then you buy a newspaper (click Home scroll down), </li><li>find a newspaper with the lowest price (Example0.03). Click On the price to buy</li><li><b>c).</b> Referrals fight could be a maximum of 10x per day and you get paid</li><li><b>d).</b> Newspaper adds energy of 0.3 up to 10 newspapers = you get +3 energy</li><li><b>e).</b> After the fight 10x. Now you work, the Money outcome of your work depends on the value of productivity, now you see the value of your experience, every time you work this value will increase</li><li><b>f).</b> You can only work 1x per day, and you can work again after the next 24 hours. (Example: today you work at 10 am means you can work tomorrow after 10am.)</li><li><b>g).</b> Do not forget to work every day, because every three days you will receive bonus money from work (bonus Work) from the government of your country.</li></ul><br /><br /><b><span style="background-color: #e69138;">&nbsp;&nbsp;&nbsp;</span> 2nd DAY</b><br /><ul style="text-align: left;"><li><b>a).</b> You had some money from work yesterday, now buy the newspaper 10 x and when your money is, now buy high quality dairy (milk) at the local market,</li><li><b>b).</b> Now You Fight 10x then Work</li></ul><br /><b><span style="background-color: #93c47d;">&nbsp;&nbsp;&nbsp;</span> Next day</b><br /><br /><ul style="text-align: left;"><li>you just do the same as 2nd day</li><li>-IF YOu Register Here I will Help you with the secrets how to get more money.</li></ul><div style="text-align: left;"><br /><a href="http://www.marketglory.com/strategygame/PT_Elizabeth" target="_blank"><b>Click Here To Register</b></a><br /><br /><br /><br /><br /></div></div>ZAT Cohttps://plus.google.com/109368630212859290585noreply@blogger.com0tag:blogger.com,1999:blog-3565408594758982642.post-48757228895984058902016-10-08T08:40:00.000+03:002016-08-31T04:39:17.811+03:00F Mart No Deposit Bonus $40 Up to $300<div dir="ltr" style="text-align: left;" trbidi="on"><!--[if gte mso 9]><xml> <w:WordDocument> <w:View>Normal</w:View> <w:Zoom>0</w:Zoom> <w:DoNotOptimizeForBrowser/> </w:WordDocument></xml><![endif]--><!--[if gte mso 9]><xml> <o:shapedefaults v:ext="edit" spidmax="1026"/></xml><![endif]--><!--[if gte mso 9]><xml> <o:shapelayout v:ext="edit"> <o:idmap v:ext="edit" data="1"/> </o:shapelayout></xml><![endif]--> <br /><h2><a href="https://3.bp.blogspot.com/-gIvy-5K_jYo/VvJZlcN2z0I/AAAAAAAABaE/O3V0SqUulFonMbA-6BUCjq2Nyy7tlKlYACKgB/s1600/deposit_funds.png" imageanchor="1" style="clear: right; float: right; margin-bottom: 1em; margin-left: 1em;"><img border="0" src="https://3.bp.blogspot.com/-gIvy-5K_jYo/VvJZlcN2z0I/AAAAAAAABaE/O3V0SqUulFonMbA-6BUCjq2Nyy7tlKlYACKgB/s1600/deposit_funds.png" /></a><span style="color: black;"><span style="color: #b45f06;"><span style="color: red;">No Deposit Bonus</span> <span style="color: red;">| </span><a href="https://www.forexmart.com/register?id=PZKQR" style="color: red;" target="_blank">F Mart</a></span></span></h2>Link : <a href="https://www.forexmart.com/register?id=PZKQR" target="_blank"><b style="color: red;">No Deposit Bonus $40 up To $300</b></a><br /><blockquote class="tr_bq"><div class="MsoNormal"><a href="https://www.forexmart.com/register?id=PZKQR" target="_blank"><b><span style="color: black;">NO DEPOSIT BONUS <span style="font-size: large;">$40</span></span></b></a><span style="color: black;"><b>WITH FAST VERIFICATION AND CLICK NO DEPOSIT BONUS&nbsp;</b></span></div></blockquote><div style="text-align: right;"><span style="font-size: large;"><b><span style="color: red;">EASY TO WITHDRAW</span></b></span> </div><div class="MsoNormal"></div><ul style="text-align: left;"><li><span style="color: black;"><b>Trade immediately and with more capital. 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Please take note the bonus can be availed once and cannot be combined with other kinds of bonuses.</b></span></li></ul><div class="MsoNormal"><span style="color: black;"><b></b></span></div><ul style="text-align: left;"><li><span style="color: black;"><b>STEP 1</b></span></li></ul><div class="MsoNormal"><span style="color: black;"><b><br /><span style="background-color: lime;">&nbsp;&nbsp;&nbsp;</span> <a href="https://www.forexmart.com/register?id=PZKQR" target="_blank">Open a Live Account</a></b></span></div><ul style="text-align: left;"><li><span style="color: black;"><b>STEP 2</b></span></li></ul><div class="MsoNormal"><span style="color: black;"><b><br /><span style="background-color: magenta;">&nbsp;&nbsp;&nbsp;</span> Get Verified</b></span></div><ul style="text-align: left;"><li><span style="color: black;"><b>STEP 3 (Upload Id Front And Back &amp; Bill water, phone etc )</b></span></li></ul><div class="MsoNormal"><span style="color: black;"><b><br /><span style="background-color: orange;">&nbsp;&nbsp;&nbsp;</span> Apply for Bonus</b></span><span style="color: black; font-family: &quot;trebuchet ms&quot; , sans-serif;"><br /></span> </div><div class="MsoNormal" style="color: orange; font-family: &quot;Trebuchet MS&quot;,sans-serif; margin-left: 0.5in; margin-right: 0.5in;"><a href="http://thenewstimeline.blogspot.co.id/p/no-deposit-bonus-1.html" target="_blank"><b>NoDeposit $40 Bonus Terms And Withdrawal conditions</b></a></div><div class="MsoNormal"><br /></div><blockquote class="tr_bq"><div style="text-align: center;"><span style="color: black; font-family: &quot;verdana&quot; , sans-serif;"><b><span style="color: #0b5394;">Traders may receive a no deposit bonus of up to 300</span></b></span><br /><div class="separator" style="clear: both; text-align: center;"></div><span style="color: black; font-family: &quot;verdana&quot; , sans-serif;"><b><span style="color: #0b5394;"> USD. Log in to ForexMart to check your corresponding bonus amount. </span></b></span></div><span style="color: black;"></span></blockquote><div class="MsoNormal"></div><ul style="text-align: left;"><li><span style="color: black;"><b>***<span style="color: orange;"><span style="font-size: x-large;">HOT NEWS </span></span>YOU CAN GET NO BONUS</b> <b>AGAIN IF YOU FAIL ON FIRST TRY </b></span></li></ul><ul style="text-align: left;"><li><span style="color: black;"><b>by <span style="color: red;">USE THIS CODE</span> <span style="font-size: large;">PZKQR</span> <span style="color: red;">ON AFFILIATE BOX</span> </b></span></li></ul><div class="MsoNormal"><span style="color: black;"><b><span style="background-color: magenta;">&nbsp;&nbsp;</span>&nbsp; (How to get Second and Third chance, </b></span></div><ol style="text-align: left;"><li><span style="color: black;"><b>1.<a href="https://www.forexmart.com/register?id=PZKQR" target="_blank">Login here </a>to your Account </b></span></li><li><span style="color: black;"><b>2.Then open new Account just follow the registration form and do not make any change on form register and put this code PZKQR to affiliate box)</b></span></li></ol><div class="MsoNormal"><span style="color: black;"><b>&nbsp;</b><br /></span></div><div class="MsoNormal" style="color: orange; margin-left: 0.5in; margin-right: 0.5in;"><a href="http://thenewstimeline.blogspot.co.id/p/no-deposit-bonus-1.html" target="_blank"><b>NoDeposit $40 Bonus Terms And Withdrawal conditions</b></a></div><div class="MsoNormal"><span style="color: black;"><br style="mso-special-character: line-break;" /><br style="mso-special-character: line-break;" /></span></div>NOTE....&nbsp; <span style="font-size: large;"><b>If You want to Make deposit</b></span> please <span style="color: red;"><b>do not make deposit TO your NO DEPOSIT BONUS ACCOUNT.</b></span>..&nbsp; <span style="color: #93c47d;"><b><span style="font-size: x-large;">BETTER YOU CLICK OPEN NEW ACCOUNT</span></b>.</span>... This Broker is Unique if you open new Account You can Get 1:5000 Leverage&nbsp; <span style="color: black;"><b>by <span style="color: red;">USE THIS CODE</span> <span style="font-size: large;">PZKQR</span> <span style="color: red;">ON AFFILIATE BOX</span></b></span>&nbsp; <br /><br /><span style="color: black; font-family: &quot;times new roman&quot;; font-size: 12.0pt;"></span></div>ZAT Cohttps://plus.google.com/109368630212859290585noreply@blogger.com0tag:blogger.com,1999:blog-3565408594758982642.post-8204035081944873932016-10-08T08:00:00.000+03:002016-08-31T04:39:40.380+03:00NO DEPOSIT BONUS $50 Indigo<div dir="ltr" style="text-align: left;" trbidi="on"><div class="separator" style="clear: both; text-align: center;"></div><h3 style="text-align: left;"><a href="https://3.bp.blogspot.com/-gIvy-5K_jYo/VvJZlcN2z0I/AAAAAAAABaE/O3V0SqUulFonMbA-6BUCjq2Nyy7tlKlYACKgB/s1600/deposit_funds.png" imageanchor="1" style="clear: right; float: right; margin-bottom: 1em; margin-left: 1em;"><img border="0" src="https://3.bp.blogspot.com/-gIvy-5K_jYo/VvJZlcN2z0I/AAAAAAAABaE/O3V0SqUulFonMbA-6BUCjq2Nyy7tlKlYACKgB/s1600/deposit_funds.png" /></a><span style="color: red;">UNIQUE</span> | <span style="color: #0b5394;">NO DEPOSIT BONUS $50</span></h3><div style="color: blue;"><div style="color: red;"><b>Link</b> : <a href="https://indigodma.com/?ref=e85f32ac" target="_blank">No-deposit bonus from Indigo DMA</a></div><br /><b>USE THIS BONUS TO LEARN HOW TO INVEST NOT JUST TADING</b></div><span style="color: red; font-size: x-large;"><span style="font-family: &quot;verdana&quot; , sans-serif;">THIS IS RARE BONUS!</span></span><br /><a href="https://indigodma.com/?ref=e85f32ac" target="_blank"></a><br /><br /><ul style="text-align: left;"><li>Available to: New and existing clients who haven’t participated in the promotion before.</li></ul><div style="text-align: left;"></div><ul style="text-align: left;"><li>Bonus: $50 USD no-deposit bonus <b>distributed in 5 accounts </b>with <b style="color: red; font-family: Verdana,sans-serif;">$10 USD </b>each.</li><li>How to get: Register as a client if needed and select to participate in the promotion, </li><li>when you accept the terms and conditions, the accounts will be granted automatically.</li></ul><br /><ul style="text-align: left;"><li>Withdrawal: Only profits can be withdrawn and after trading at least 1 lot, the profits withdrawn can’t exceed $100 USD.</li><li>Other conditions: The promotion can be changed or terminated at any time without previous notice.</li></ul><br /><ul style="text-align: left;"><li>&nbsp;&nbsp;&nbsp; Every Indigo DMA client can become an investor without depositing his personal money. </li></ul><ul style="text-align: left;"><li>All registered users can use "No-deposit bonus" and get several investment accounts. Profit from these investments can be withdrawn. </li></ul><br /><ol style="text-align: left;"><li>&nbsp;&nbsp;&nbsp; Bonus is available only once. In case of multiple registrations, bonus is unavailable.</li><li>&nbsp;&nbsp;&nbsp; Client is provided with 5 investment accounts with starting deposit of $10 each. Total amount of funds available is $50.</li><li>&nbsp;&nbsp;&nbsp; Bonus funds can be invested in any public account.</li><li>&nbsp;&nbsp;&nbsp; <span style="color: blue;">Bonus itself can not be withdrawn</span>. <b style="color: red;">Only profit made on the bonus account can be withdrawn</b>.</li><li>&nbsp;&nbsp;&nbsp; Profit made on the bonus account can be withdrawn in case requirements of trading volume on trading account are satisfied. </li><li>Each investment account should have at least <b style="font-family: Verdana,sans-serif;"><span style="color: red;">1.0 lot of trading volume</span></b>.</li><li>&nbsp;&nbsp;&nbsp; Maximum amount of profit, available for withdrawal from investment account, can not exceed 200% of the given bonus.</li></ol><br /><ul style="text-align: left;"><li>In order to get this bonus you need to go to your personal page and click "Participate" button in </li></ul><ul style="text-align: left;"><li>the No-deposit section and agree to its terms and conditions. After that 5 investment accounts will be provided to you automatically.</li></ul><b><span style="background-color: white; color: #0b5394;">HERE STEP BY STEP HOW TO MAKE PROFIT ON THIS<span style="color: red;">&gt;&gt;&gt;</span></span><span style="color: red;"> </span></b><b style="color: red;"><span style="font-family: &quot;helvetica neue&quot; , &quot;arial&quot; , &quot;helvetica&quot; , sans-serif;">No Deposit Bonus</span></b><br /><b style="color: red; font-family: &quot;Helvetica Neue&quot;,Arial,Helvetica,sans-serif;">CLICK</b> TO SEE PICTURE IN FULL SCREEN <b><span style="color: blue;">then Click BACK when You FINISH </span></b><br /><br /><table cellpadding="0" cellspacing="0" class="tr-caption-container" style="float: left; text-align: left;"><tbody><tr><td style="text-align: center;"><a href="https://2.bp.blogspot.com/-iwO-zWPJ0nw/VzsMRWtTQrI/AAAAAAAABdk/Nte-HV-HoIs4X--N_cKYu-lJiJbMEycKQCLcB/s1600/Step%2B1.JPG" imageanchor="1" style="clear: left; margin-bottom: 1em; margin-left: auto; margin-right: auto;"><img border="0" height="177" src="https://2.bp.blogspot.com/-iwO-zWPJ0nw/VzsMRWtTQrI/AAAAAAAABdk/Nte-HV-HoIs4X--N_cKYu-lJiJbMEycKQCLcB/s320/Step%2B1.JPG" width="320" /></a></td></tr><tr><td class="tr-caption" style="text-align: center;">STEP 1</td></tr></tbody></table><br /><br /><br /><br /><br /><br /><br /><br /><table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="float: left; margin-right: 1em; text-align: left;"><tbody><tr><td style="text-align: center;"><a href="https://2.bp.blogspot.com/-4ISGZtbkRcU/VzsMTHXO0TI/AAAAAAAABds/Bnstv6P3lHM6mJ8hLfCazbu_PhYUtK_BwCLcB/s1600/step%2B2.JPG" imageanchor="1" style="clear: right; margin-bottom: 1em; margin-left: auto; margin-right: auto;"><img border="0" height="184" src="https://2.bp.blogspot.com/-4ISGZtbkRcU/VzsMTHXO0TI/AAAAAAAABds/Bnstv6P3lHM6mJ8hLfCazbu_PhYUtK_BwCLcB/s320/step%2B2.JPG" width="320" /></a></td></tr><tr><td class="tr-caption" style="text-align: center;">STEP2</td></tr></tbody></table><table cellpadding="0" cellspacing="0" class="tr-caption-container" style="float: left; text-align: right;"><tbody><tr><td style="text-align: center;"><a href="https://4.bp.blogspot.com/-qLSP_rLAmRs/VzsMPnLkWQI/AAAAAAAABdg/YkiK_Jc35MYIzmD4swYSJBihrUYOoKs8gCLcB/s1600/step%2B3.JPG" imageanchor="1" style="clear: left; margin-bottom: 1em; margin-left: auto; margin-right: auto;"><img border="0" height="228" src="https://4.bp.blogspot.com/-qLSP_rLAmRs/VzsMPnLkWQI/AAAAAAAABdg/YkiK_Jc35MYIzmD4swYSJBihrUYOoKs8gCLcB/s320/step%2B3.JPG" width="320" /></a></td></tr><tr><td class="tr-caption" style="text-align: center;">STEP 3</td><td class="tr-caption" style="text-align: center;"><br /></td></tr></tbody></table><br /><br /><br /><br /><br /><br /><table cellpadding="0" cellspacing="0" class="tr-caption-container" style="float: left; margin-right: 1em; text-align: left;"><tbody><tr><td style="text-align: center;"><a href="https://2.bp.blogspot.com/-wGiP-0e4sdM/VzsMSILw9wI/AAAAAAAABdo/BnzhY5gvqXAVKF7owsaHVF28FEwKNHDEgCLcB/s1600/step%2B4.JPG" imageanchor="1" style="clear: right; margin-bottom: 1em; margin-left: auto; margin-right: auto;"><img border="0" height="224" src="https://2.bp.blogspot.com/-wGiP-0e4sdM/VzsMSILw9wI/AAAAAAAABdo/BnzhY5gvqXAVKF7owsaHVF28FEwKNHDEgCLcB/s320/step%2B4.JPG" width="320" /></a></td></tr><tr><td class="tr-caption" style="text-align: center;">STEP 4</td></tr></tbody></table><br /><br /><br /><br /><br /></div>ZAT Cohttps://plus.google.com/109368630212859290585noreply@blogger.com3tag:blogger.com,1999:blog-3565408594758982642.post-27466089117153619562016-05-26T18:10:00.000+03:002016-05-26T07:37:33.791+03:00The 57 worst friends,Your child will bring home for a play date <div dir="ltr" style="text-align: left;" trbidi="on"><table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto; text-align: center;"><tbody><tr><td style="text-align: center;"><a href="https://2.bp.blogspot.com/-vFSrU5pieCU/Vho3yrwgnzI/AAAAAAAAAt8/qrivbZywJRgKlGe0W5ULSAZNi19u5Ze9wCKgB/s1600/greedy%2Bface%2B2.JPG" imageanchor="1" style="margin-left: auto; margin-right: auto;"><img border="0" src="https://2.bp.blogspot.com/-vFSrU5pieCU/Vho3yrwgnzI/AAAAAAAAAt8/qrivbZywJRgKlGe0W5ULSAZNi19u5Ze9wCKgB/s1600/greedy%2Bface%2B2.JPG" /></a></td></tr><tr style="font-family: &quot;Helvetica Neue&quot;,Arial,Helvetica,sans-serif;"><td class="tr-caption" style="text-align: center;">Your child is practically perfect<i>.</i></td></tr></tbody></table><br /><ol style="text-align: left;"><li>Your child is practically perfect.</li><li>Kind. Sensitive. Intelligent. A joy to be around.</li></ol><div style="text-align: left;"></div><ul style="text-align: left;"><li>However, once he or she reaches primary school age, suddenly the gates are thrown open and that cascade of awfulness known as other people's children enters your life.</li><li>Other people's children are not a joy to be around. </li><li>Sure, in their own parents' eyes they might be the best thing since sliced bread. They may even have many admirable qualities.</li><li>But when they're round at your house on a play date, hopped up on Nesquik, silently judging your home furnishings and making dismissive remarks about your supermarket own-brand fish fingers, it's hard to see the appeal.</li></ul><i><span style="color: blue; font-size: x-small;"><span style="background-color: #eeeeee;">&lt;&gt;</span>Adv</span></i><br /><a href="http://thenewstimeline.blogspot.com/2016/05/no-deposit-bonus-50-indigo.html"><b>NO DEPOSIT BONUS $50 FOREX</b></a><br /><blockquote class="tr_bq"><b><span style="font-family: &quot;helvetica neue&quot; , &quot;arial&quot; , &quot;helvetica&quot; , sans-serif;">Through the primary school years you will have to feign cheeriness as you tolerate a number of different children entering your home and messing with your stuff. Here are 57 of the worst.</span></b></blockquote><br /><ul style="text-align: left;"><li>1. The one with bladder control issues</li><li>2. The one with nits</li><li>3. The one who just learnt a new swear word</li><li>4. The one who's allergic to everything</li><li>5. The one with the pretentious name you can't say aloud without giggling</li><li>6. The one with the annoying laugh</li><li>7. The one who keeps asking really personal questions</li><li>8. The one who only likes playing fighting and war</li><li>9. The one who won't stop crying</li><li>10. The kleptomaniac</li><li>11. The one with a cold who didn't bring a hanky</li><li>12. The one whose parents don't believe in boundaries or discipline</li><li>13. The precocious one</li><li>14. The one who doesn't eat meat</li><li>15. The one who doesn't eat vegetables</li><li>16. The shouter</li><li>17. The one who might be a goth</li><li>18. The one who's got a weird thing about horses</li><li>19. The one who never speaks</li><li>20. The possibly-racist one</li><li>21. The one who thinks she's funny and keeps telling the same joke over and over again and you have to keep on pretending you find it funny, when it's not funny, and all you want to do is point out it doesn't even make sense as a joke, but you can't because she's a small child and she wouldn't even understand the criticism</li><li>22. The bully</li><li>23. The one who points out how much nicer his house is than yours</li><li>24. The opinionated one</li><li>25. The one who's mean to pets</li><li>26. The one who's scared of everything</li><li>27. The singing one</li><li>28. The one who's weirdly good at martial arts. He's only seven, how the hell has he learnt that? Are his parents vigilantes or something?</li><li>29. The nihilist (AAAhaaa me? hahaha)</li><li>30. The Star Wars obsessive (hehehe you must feel the force)</li><li>31. The princess</li><li>32. The one who can't find her inhaler</li><li>33. The one who keeps talking about death</li><li>34. The pedant</li><li>35. The one who really wants you to meet her guinea pig, and describes it at enormous length</li><li>36. The trendy one</li><li>37. The one who never watches TV</li><li>38. The one who never stops watching TV</li><li>39. The one who invades your personal space</li><li>40. The smelly one (hahaha including me)</li><li>41. The rude one</li><li>42. The one who looks a bit like that other one so you can never remember which is which</li><li>43. The one who's just a bit annoying for no discernible reason</li><li>44. The gifted one who everyone thinks is really nice but who you know is definitely evil and it's just that no one else can see it</li><li>45. The greedy one</li><li>46. The shrill one</li><li>47. The pious one</li><li>48. The one with the creepy eyes</li><li>49. That one with the stupid hat</li><li>50. The compulsive liar</li><li>51. The one who's still really into Frozen</li><li>52. The screamer</li><li>53. The talented all-rounder</li><li>54. The one who looks like that politician you hate</li><li>55. The insufferable bore</li><li>56. The one who talks to you as if you're his best mate even though you're 30 years older than he is and frankly it makes you uncomfortable</li><li>57. The farter (hihihi but this real)</li></ul><blockquote class="tr_bq"><a href="https://2.bp.blogspot.com/-3LTBphgAjco/VpHSROSEG1I/AAAAAAAABXk/gkqhBwc5W7QjsPoJtMJMuS-ROmv7Z-v_gCKgB/s1600/smiley-laughing021.gif" imageanchor="1" style="clear: right; float: right; margin-bottom: 1em; margin-left: 1em;"><img border="0" src="https://2.bp.blogspot.com/-3LTBphgAjco/VpHSROSEG1I/AAAAAAAABXk/gkqhBwc5W7QjsPoJtMJMuS-ROmv7Z-v_gCKgB/s1600/smiley-laughing021.gif" /></a>Note:&nbsp; mmm this not friends of our child but thats me was as friend haha or may be still?&nbsp;@^$#^&amp;! 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JPMorgan Chase &amp; Co. says the potential for U.S. opposition to exchange-rate intervention will probably help strengthen the yen more.</span></b></blockquote></div><div style="text-align: left;"><br /></div><ul style="text-align: left;"><li>The dollar-yen market is orderly and it’s important for countries to keep their Group-of-Seven and Group-of-20 currency commitments, the U.S. Treasury said Friday. The yen’s 13 percent surge this year has prompted Japan’s Finance Minister Taro Aso to say that authorities would act if moves were one-sided. Recent yen gains are “extremely concerning” and the U.S. report won’t limit how Japan can respond, he said Saturday, according to a transcript obtained by Bloomberg. Germany, China, South Korea and Taiwan were also included as countries to be monitored.</li><li>“The risk of breaking 100 can’t be ruled out, and in that case Japanese authorities are likely to move,” said Tohru Sasaki, a former central bank official who’s now head of Japan markets research at JPMorgan. “If dollar-yen breaks 100, and even if Japanese authorities move, probably that’s not enough to provide significant support” for the greenback.</li><li>The yen was little changed at 106.51 per dollar as of 3:02 p.m. in Tokyo Monday, following last week’s 5 percent advance that was the biggest since 2008. It climbed as high as 106.14, the strongest level since October 2014. Japan’s currency fell 0.2 percent to at 122.17 per euro from Friday, when it completed a 2.9 percent weekly gain.</li><li>A number of markets are closed across Asia and Europe on Monday including those in China, Singapore, the U.K. and Russia. Japan’s markets will be closed from Tuesday to Thursday. </li></ul><div style="text-align: left;"><br /></div><ul style="text-align: left;"><li><span style="background-color: orange;">&nbsp;&nbsp;&nbsp;&nbsp;</span> <b>Watch List</b></li></ul><div style="text-align: left;"><br /></div><ol style="text-align: left;"><li>The U.S. Treasury uses three criteria to decide if a country is being unfair, including the size of its trade and current account surpluses as well as whether it buys foreign assets equal to 2 percent of output over the year to depreciate its currency.</li><li>That means Japan could intervene in currency markets by up to 10 trillion yen ($94 billion) a year, though the sum wouldn’t be enough to support the dollar-yen, JPMorgan’s&nbsp; Sasaki wrote in a report.</li><li>“The message from the U.S. Treasury is important for Japanese currency policy,” JPMorgan’s Sasaki said. “Japan can’t ignore what the U.S. government says, because currency policy is bilateral.”</li></ol><div style="text-align: left;"><br style="background-color: lime;" /></div><ul style="text-align: left;"><li><span style="background-color: lime;">&nbsp;&nbsp;&nbsp;&nbsp;</span> <b>Intervention History</b></li></ul><br /><ol style="text-align: left;"><li>Japan hasn’t sold its currency to limit gains since 2011. The finance ministry made a record daily sale of 8.07 trillion yen on Oct. 31, 2011, when the yen climbed to a post World War II high of 75.35 against the dollar. While the currency hasn’t retested that level since, it remained under 85 until it became clear in late 2012 that Shinzo Abe would win office as prime minister and carry out a massive program of monetary and fiscal stimulus.</li><li>“The risk is high for markets to test beyond 105 yen this week,” said Masafumi Yamamoto, chief currency strategist in Tokyo at Mizuho Securities Co. “It will be important whether Japan will act or not, whether it can act or not. Verbal intervention is only effective when it’s accompanied by the possibility of physical intervention.”</li></ol><br /><span style="background-color: red; color: white; font-size: large;"><b>TODAY NEWS 02 May 2016</b></span><br /><script src="https://ajax.googleapis.com/ajax/libs/jquery/1.5.1/jquery.min.js" type="text/javascript"> </script> <br /><div class="content_1ltodaynews"></div><div class="content_2ltodaynews" style="display: none;"><ul> <b>Iraqi Protesters to End Sit-In, Leave Baghdad's Fortified Zone</b><li>Iraqi protesters wave national flags and shout slogans after breaking into Baghdad's heavily fortified 'Green Zone' on April 30, 2016..</li><li>Protesters who breached Baghdad’s fortified Green Zone ended their sit-in on Sunday, a day after storming Iraq’s parliament building and prompting the government to declare a state of emergency..</li><li>The backers of Iraqi cleric Moqtada Al-Sadr, who were protesting against corruption and the country’s political paralysis, have agreed to leave the secure zone, al-Sumaria reported, citing a statement issued by the protests’ committee. The zone includes many foreign embassies along with Iraqi government buildings..</li><li>Mobile-phone video footage broadcast Saturday on Iraqi televisions showed hundreds of al-Sadr’s supporters inside the legislature. Al-Sadr earlier accused lawmakers of sectarianism in their selection of ministers and ordered his bloc to withdraw from the parliament session where members were preparing to finish voting on a new cabinet.</li><li>Storming parliament and the Green Zone escalated a crisis that has undermined Prime Minister Haidar al-Abadi’s reform push and stymied efforts to defeat Islamic State militants. Abadi’s plan to set up a cabinet of technocrats has so far failed as parties fight to preserve a system of patronage.</li><li>“The situation in Iraq has become very dangerous,” said Wathiq al-Hashimi, a Baghdad-based political analyst. “No one will be able to control thousands of angry protesters while the rest of residents in Baghdad are in panic and living in real fear.”</li><li>Almost two years after Islamic State captured Mosul, the country’s biggest northern city, government forces are struggling in the fight against the militant group. The war, as well as the plunge in oil prices have battered the finances of OPEC’s second-largest producer. The government is in talks to secure a loan from the International Monetary Fund, which expects the nation’s non-oil economy to contract for a third year in 2016.</li><b><li>Cabinet List</li></b><li>The Iraqi parliament has failed to vote on Abadi’s cabinet list. Some lawmakers also staged a sit-in in parliament last month and voted to oust the speaker, though the move was later challenged on the basis of quorum.</li><li>Former Prime Minister Nouri al-Maliki, who opposes Abadi, criticized attempts to force reform “under threat of weapons and by preventing the representatives of the people to enter the parliament.”</li><li>A meeting between Abadi, Iraqi President Fouad Masoum and Parliament Speaker Salim al-Jabouri didn’t yield an immediate resolution to the crisis. Instead, the three condemned the storming of the legislature and said those who assaulted lawmakers during the protest should be brought to justice.</li><li>Political blocs and parties will “intensify their talks in the coming days to guarantee reforming the political process,” they said.</li><li>The Iraqi Kurdish bloc in the parliament is reconsidering its participation in the country’s political process, according to an e-mailed statement in which the it denounced the violence.</li><li>U.S. officials including President Barack Obama have expressed concern Iraq’s leaders remain mired in sectarian divisions that may undermine the fight against Islamic State.</li><b><li>Central Bank</li></b><li>Protesters reached the cabinet headquarters inside the Green Zone, storming the general secretariat of the cabinet building, al-Sumaria reported, citing security officials. Security was boosted around the central bank, the Interior Ministry said in an e-mailed statement.</li><li>The United Nations Assistance Mission for Iraq said it’s “gravely concerned” by Saturday’s developments and urged political leaders to work together to restore security in the country.</li><li>“The mission condemns the use of violence, including against elected officials, and urges calm, restraint and respect for Iraq’s constitutional institutions at this crucial juncture,” it said in an e-mailed statement.</li></ul></div><div class="content_3ltodaynews" style="display: none;"><ul><b>North Korea vowed to make rapid advancements on nuclear attack </b><li>North Korea vowed to make rapid advancements on nuclear attack capabilities if South Korea and the U.S. continue with joint military drills, with the warning coming days before predictions that the nation may conduct its fifth nuclear test for the Worker’s Party Congress on May 6.</li><li>“Our capability to make nuclear attacks will make fast advancement every time enemies conduct war exercises,” the regime’s official news agency reported, citing an unidentified spokesman at its foreign ministry. North Korea called a joint military drill between South Korea and the U.S. “the worst military provocation.”</li><li>The statement came after North Korea’s failed attempts to fire missiles this week, and days before Kim Jong Un’s regime is scheduled to hold its first ruling party congress in decades. South Korean President Park Geun Hye said Pyongyang has completed preparations to conduct its fifth nuclear test and vowed to seek stronger sanctions against North Korea if it conducts the test.</li><li>In an interview with the AP, North Korea offered to halt its nuclear test if the U.S. and South Korea would suspend defensive drills. U.S. President Barack Obama dismissed the proposal.</li></ul></div><div class="content_4ltodaynews" style="display: none;"><ul><b>Aso Says Japan Will Take Action With Currency If Needed</b><li>The recent jump in the yen is clearly a one-sided speculative move that is extremely concerning and Japan is ready to take action if needed, Japanese Finance Minister Taro Aso said on Saturday.</li><li>"A 5-yen move in two days is clearly a one-sided speculative move and is extremely concerning," Aso told reporters at Haneda Airport late Saturday, according to a transcript obtained by Bloomberg. "So that these speculative moves don’t continue, we will watch foreign exchange market moves with a sense of vigilance, and will act if necessary."</li><li>The yen touched an 18-month high of 106.21 against the dollar on Monday, after the Bank of Japan declined to increase monetary stimulus last week as markets had expected. The yen has climbed more than 13 percent this year against the dollar.</li><li>"Even though I am away, there are phones and various ways we can communicate, and we are prepared to act appropriately if needed," Aso said as he departed to Germany for the annual meeting of the Asian Development Bank. Bank of Japan Governor Haruhiko Kuroda will also attend the meeting.</li><li>Aso’s comments came as the U.S. is stepping up rhetoric on foreign-exchange practices. A semi-annual Treasury report included Japan on a watch list of nations whose foreign-exchange practices bear close monitoring to gauge whether they provide an unfair trade advantage over America.</li><li>Aso said the April 29 report in no way constrains Japan’s ability to respond should any action be needed, according to the Nikkei report.</li><b><li>Monitoring Policies</li></b><li>The U.S. also put China, Germany, South Korea and Taiwan on the list, saying it will monitor policies to gauge whether they provide an unfair trade advantage over the U.S. The five countries have met two of three criteria used to judge practices. If a country meets all three criteria, it could eventually be cut off from some U.S. development financing and excluded from U.S. government contracts.</li><li>China, Japan, Germany and South Korea were flagged as a result of their trade and current-account surpluses, the Treasury Department said. Taiwan made the list because of its current-account surplus and persistent intervention to weaken the currency, according to the Treasury.</li><li>The report noted that Japan has not intervened in the foreign exchange market in more than four years.</li><li>The Treasury said it’s increasingly important that Japan use all policy levers, including fiscal policy and structural reforms, to lift growth. Last month, Treasury Secretary Jacob J. Lew urged Japan to focus on boosting domestic demand instead of exports as the yen rises.</li></ul></div><div class="content_5ltodaynews" style="display: none;"><ul><b>Australia's Ever-Growing Debt Pile Set to Peak Within Six Years </b><li>Australia’s drive to balance the books will see the federal government’s debt pile top out within about five or six years and then start to shrink again, according to Treasurer Scott Morrison.</li><li>Speaking in Canberra just ahead of his first budget on Tuesday, Morrison said he expects the fiscal deficit to narrow over the government’s four-year forecast horizon and pledged to keep expenditure under control.</li><li>“To start reducing the debt you’ve got to get the deficit down. To get the deficit down you’ve got to get your spending down,” Morrison said in a Channel Nine television interview on Sunday. “The deficit will decrease over the budget and forward estimates and we will see both gross and net debt peak over about the next five or six years, and then it will start to fall.”</li><li>The Australian budget was last in surplus in 2007-08 and attempts to rein in the deficit have been stymied by a slump in revenue as commodity prices fell. Morrison’s challenge is to maintain Australia’s public finances on a sound footing without increasing risks to the economy as it reduces its reliance on mining. He must also contend with the prospect of an upcoming election, which Prime Minister Malcolm Turnbull is expected to call for July 2.</li><li>Total outstanding federal debt is now more than seven times larger than it was before the 2008 global crisis and net debt is predicted to increase to 18.5 percent of gross domestic product in 2016-17, according to the median forecast in a Bloomberg survey of economists. The underlying cash deficit is expected to reach A$35 billion ($27 billion) next fiscal year, A$1.3 billion more than the government had forecast in its December fiscal update, according to the survey.</li><li>While the government confirmed on Sunday it would provide an additional A$1.2 billion of funding for schools over the forward estimates period, Morrison said that it was not a time to be throwing money around. He said the government was looking at measures related to retirement savings and also planned to crack down on tax avoidance by multinational companies, although he declined to confirm media reports of a possible reduction in income tax. Any additional spending measures in the budget will be offset by reductions elsewhere and the tax burden on the economy won’t be increased, he said.</li><li>“You don’t get a sustainable path back to budget balance by increasing the tax burden on the Australian economy,” Morrison said. “That just retards growth over the longer term and it punishes the economy at a time when we need it to perform at its best.”</li></ul></div><div class="content_6ltodaynews" style="display: none;"><ul><b>Oil Bulls Bet the Waning U.S. Shale Boom Will Curb Global Glut</b> <b><li>Hedge funds are rooting for a quick collapse of the U.S. shale boom.</li></b><li>Money managers turned the most bullish since May as West Texas Intermediate crude climbed to a five-month high on optimism that falling U.S. production and rising fuel demand will trim the global glut. Investors shrugged off an inventory gain that left supplies at the highest since 1929.</li><li>"The market’s focused not on current oversupply but on predictions of a balance in the second half of the year," said Mike Wittner, head of oil markets at Societe Generale SA in New York. "Managed money is just adding to the upward momentum."</li><li>Speculators’ net-long position in benchmark U.S. crude climbed to the highest since May 12 in the week ended April 26, according to data from the Commodity Futures Trading Commission. Short positions dropped to a 10-month low.</li><li>WTI futures surged 7.2 percent on the New York Mercantile Exchange in the CFTC report week, and settled at $45.92 a barrel Friday.</li><b><li>Spending Cuts</li></b><li>Energy companies responded to the lowest prices since 2003 earlier this year by cutting spending on exploration and developing new fields. The number of active oil rigs fell to 332 last week, the least since November 2009, according to Baker Hughes Inc. The total is down to less than one-fourth of the 2014 peak.</li><li>U.S. crude production fell to 8.94 million barrels a day in the week ended April 22, the least since October 2014, Energy Information Administration data show. The agency on April 12 cut its average forecast for the whole year to 8.6 million barrels a day. Output from U.S. shale formations will drop in May to the lowest level in almost two years.</li><li>"Supply in the U.S. is falling pretty quickly, and globally, in the second quarter of this year for the first time in more than three years we are going to have a contraction in global output," Francisco Blanch, head of commodities at Bank of America Merrill Lynch in New York, said on Bloomberg Television Friday. "That combination of lower supply and robust demand will lead to a change of inventory dynamics in the second half of the year."</li><b><li>Consumption Gains</li></b><li>U.S. drivers are doing their part. Gasoline consumption over the past four weeks was up 5.6 percent from a year earlier at 9.4 million barrels a day through April 22, EIA data show.</li><li>Speculators’ net-long position in WTI rose 3,136 futures and options combined to 249,123, CFTC data show. Short positions, or bets that prices will decline, tumbled 6.9 percent, while longs slipped 0.5 percent.</li><li>In other markets, net bullish bets on Nymex gasoline rose 11 percent to 25,964 contracts. Gasoline futures increased 5.8 percent in the period. Net bearish wagers on U.S. ultra low sulfur diesel decreased 93 percent to 529 contracts, the least bearish position since July 2014, as futures climbed 5.5 percent. </li><b><li>OPEC Barrels</li></b><li>Rising OPEC production leaves the oil market vulnerable to a correction, said Tim Evans, an energy analyst at Citi Futures Perspective in New York. The Organization of Petroleum Exporting Countries boosted production by 484,000 barrels a day to 33.217 million in April, the most in monthly data going back to 1989, a Bloomberg survey of oil companies, producers and analysts showed.</li><li>"More buying now will result in more selling later," Evans said. "At some point rising OPEC production will be recognized as more than offsetting the drop in U.S. production."</li></ul></div><div style="font-weight: bold;">Read This, About : <a class="button_1ltodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> Back To Title / Fold News</a> <br /><ul style="text-align: left;"><li><a class="button_2ltodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> Iraqi Protesters to End Sit-In, Leave Baghdad's Fortified Zone </a> </li><li><a class="button_3ltodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> North Korea vowed to make rapid advancements on nuclear attack</a></li><li><a class="button_4ltodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> Aso Says Japan Will Take Action With Currency If Needed</a> </li><li><a class="button_5ltodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> Australia's Ever-Growing Debt Pile Set to Peak Within Six Years</a> </li><li><a class="button_6ltodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> Oil Bulls Bet the Waning U.S. Shale Boom Will Curb Global Glut</a> <script src="https://ajax.googleapis.com/ajax/libs/jquery/1.5.1/jquery.min.js" type="text/javascript"> </script> <script> jQuery(document).ready(function(){ jQuery('.button_1ltodaynews').click(function(){ jQuery('.content_1ltodaynews').show('slow'); jQuery('.content_2ltodaynews').hide('slow'); jQuery('.content_3ltodaynews').hide('slow'); jQuery('.content_4ltodaynews').hide('slow'); jQuery('.content_5ltodaynews').hide('slow'); jQuery('.content_6ltodaynews').hide('slow'); return false; }); jQuery('.button_2ltodaynews').click(function(){ jQuery('.content_1ltodaynews').hide('slow'); jQuery('.content_2ltodaynews').show('slow'); jQuery('.content_3ltodaynews').hide('slow'); jQuery('.content_4ltodaynews').hide('slow'); jQuery('.content_5ltodaynews').hide('slow'); jQuery('.content_6ltodaynews').hide('slow'); return false; }); jQuery('.button_3ltodaynews').click(function(){ jQuery('.content_1ltodaynews').hide('slow'); jQuery('.content_2ltodaynews').hide('slow'); jQuery('.content_3ltodaynews').show('slow'); jQuery('.content_4ltodaynews').hide('slow'); jQuery('.content_5ltodaynews').hide('slow'); jQuery('.content_6ltodaynews').hide('slow'); return false; }); jQuery('.button_4ltodaynews').click(function(){ jQuery('.content_1ltodaynews').hide('slow'); jQuery('.content_2ltodaynews').hide('slow'); jQuery('.content_3ltodaynews').hide('slow'); jQuery('.content_4ltodaynews').show('slow'); jQuery('.content_5ltodaynews').hide('slow'); jQuery('.content_6ltodaynews').hide('slow'); return false; }); jQuery('.button_5ltodaynews').click(function(){ jQuery('.content_1ltodaynews').hide('slow'); jQuery('.content_2ltodaynews').hide('slow'); jQuery('.content_3ltodaynews').hide('slow'); jQuery('.content_4ltodaynews').hide('slow'); jQuery('.content_5ltodaynews').show('slow'); jQuery('.content_6ltodaynews').hide('slow'); return false; }); jQuery('.button_6ltodaynews').click(function(){ jQuery('.content_1ltodaynews').hide('slow'); jQuery('.content_2ltodaynews').hide('slow'); jQuery('.content_3ltodaynews').hide('slow'); jQuery('.content_4ltodaynews').hide('slow'); jQuery('.content_5ltodaynews').hide('slow'); jQuery('.content_6ltodaynews').show('slow'); return false; }); }); </script></li></ul></div></div>ZAT Cohttps://plus.google.com/109368630212859290585noreply@blogger.com0tag:blogger.com,1999:blog-3565408594758982642.post-48029522581324875332016-03-22T06:40:00.000+02:002016-03-22T06:40:10.307+02:00Forex : Strength Defeat Safe Haven Dollar European Session March 21 From Visible<div dir="ltr" style="text-align: left;" trbidi="on"><br /><blockquote class="tr_bq"><span style="background-color: blue;">&nbsp;&nbsp; &nbsp;</span> Monitor the movement of the U.S dollar in forex market trading session of the first day of this week's European (21/03) managed to strengthen against major rivals such as the euro, pound, and some commodities exchange. From the Aussie exchange rate only commodities that managed to defeat the dollar after weakening in early trading.</blockquote><ul style="text-align: left;"><li>The dollar weakened against the safe haven yen due to lower crude oil prices continued on the weekend, but it appears that Brent oil prices had gained the European session and thus potentially reinforcing the sentiment will remove this safe haven. Observed this afternoon strength of the yen against the dollar also began to decrease.</li><li>For the strengthening of the dollar against the pound, pelemahnya sentiment is still the same as the previous trading sentiment triggered by the British political conditions that are less conducive to impromptu cabinet reshuffle after the British prime minister last week after the resignation of senior ministers. While the quiet movement of the euro triggered by Japan's trade her off into a share of European financial markets.</li><li>But fundamentally this evening U.S dollar strength overshadowed by the release of existing home sales data is the concern showed negative data from previous data. So as to inhibit the rate of the dollar this afternoon.</li></ul><br /><blockquote class="tr_bq"><span style="background-color: lime;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</span> The dollar index, which measures the strength of the U.S dollar against major rivals managed to get his strength back after early trading was disappointing. For the latest movements in the spot market, the dollar index gaining 0.1% after it opened at 95.11 and is now trading around 95.22.</blockquote></div>ZAT Cohttps://plus.google.com/109368630212859290585noreply@blogger.com0tag:blogger.com,1999:blog-3565408594758982642.post-67050537630157971872016-03-21T04:00:00.000+02:002016-03-20T14:54:03.201+02:00Why do we get headaches?<div dir="ltr" style="text-align: left;" trbidi="on"><h2 style="font-family: Arial,Helvetica,sans-serif; text-align: justify;">Headache pain can be treated with over-the-counter medications.&nbsp;</h2><div style="font-family: Arial,Helvetica,sans-serif; text-align: justify;"><br />Headaches are one of the most common medical complaints -- nearly everyone gets a headache at some point. Over 45 million Americans (about one in six) suffer chronic headaches each year. Headaches therefore have a big economic impact -- when you have a throbbing pain in your head, it's hard to work. The cost of these headaches in absenteeism and medical expenses is estimated as high as $50 billion per year.<br /><br />A headache is a pain sensed in the nerves and muscles of the head and neck, as well as the meninges (the membranous coverings of the brain and spinal cord). Your brain itself cannot sense pain, so a headache has nothing to do with your brain hurting. It is really a pain somewhere around your brain, being picked up by nerve endings located in your head.<br /><br />There are two main reasons why people get headaches, and doctors therefore classify headaches into two broad categories: primary and secondary.<br /><br />&nbsp;&nbsp;&nbsp; Primary headaches are not associated with any underlying medical condition.<br />&nbsp;&nbsp;&nbsp; Secondary headaches are associated with medical conditions like infections, fever, head injury, hypoglycemia, tumors, dental conditions or increased pressure in the skull and/or sinuses (sinus headaches).<br /><br />There are three main causes for primary headaches:<br /><br />&nbsp;&nbsp;&nbsp; Migraine - Migraine headaches can be caused by reduced blood flow to various areas of the cerebral cortex. Symptoms of migraines include sensitivity to light and noise, nausea, vomiting and intense throbbing pain that is usually on one side of the head. A neurotransmitter, serotonin, is thought to be involved in migraines because many of the drugs used to treat migraines alter the binding of serotonin to various receptors.<br />&nbsp;&nbsp;&nbsp; Tension - Tension headaches are caused by muscular strains in the head and neck and/or emotional stress. Tension headaches are usually dull, steady, aching pains on both sides of the head. Sometimes, tension headaches develop into throbbing pains, leading researchers to believe that they may be closely related to migraines. Eye strain (poor vision) can trigger frequent tension headaches.<br />&nbsp;&nbsp;&nbsp; Cluster - Cluster headaches are headaches that occur repeatedly over a period of weeks or even months. Cluster-headache pain usually occurs on one side of the head and is centered around the eye. The causes of cluster headaches are unknown, but may be related to changes in blood flow because substances that affect blood flow, such as alcohol, can trigger cluster headaches.<br /><br />­Primary headaches can also be caused by too much blood flow. For example, if you have read How Caffeine Works, you know that caffeine reduces blood flow in the brain. Some pain relievers contain caffeine to take advantage of this effect. If you have been taking caffeine every day and you stop, you can get an incredible headache because of the increased blood flow in your brain.<br /><br />Secondary headaches result from some other problem with your body. For example, How Viruses Work talks about why you get a headache (and other pains) when you have the flu. Once you eliminate the disease, you eliminate the secondary headaches.<br /><br />Most headache pain can be treated with over-the-counter medications such as aspirin, acetaminophen (Tylenol), ibuprofen (Motrin) and other non-steroidal anti-inflammatory drugs. As mentioned above, migraines have been helped by drugs that block serotonin, such as sumatriptan (Imitrex). Cluster headaches have been treated with sumatriptan, steroids (Migranal) and narcotics.</div></div>ZAT Cohttps://plus.google.com/109368630212859290585noreply@blogger.com0tag:blogger.com,1999:blog-3565408594758982642.post-42349546931187378912016-02-12T19:39:00.000+02:002016-02-12T19:39:17.760+02:00Market : Victims of trading scam will get back record $4.2 million says UK court <div dir="ltr" style="text-align: left;" trbidi="on">Investors tricked out of their <br /><blockquote class="tr_bq"><span style="background-color: blue;">&nbsp;&nbsp;&nbsp;&nbsp;</span> Cash by jailed fraudster Alex Hope, will see more than half of their money returned, a British court ruled on Friday. </blockquote><ul style="text-align: left;"><li>&nbsp;&nbsp;&nbsp; Southwark Crown Court in London ordered almost 2.9 million pounds ($4.2 million) to be returned to investors who had put money in a fraudulent collective scheme set up by Hope, who was sent to jail for seven years by the same court last January. </li><li>&nbsp;&nbsp;&nbsp; It is the largest sum returned to victims of crime following a case brought by the Financial Conduct Authority (FCA) or its predecessor, the Financial Services Authority, the watchdog said on Friday. The amount is 55 percent of the capital owed. </li><li>&nbsp;&nbsp;&nbsp; Hope set himself up as a foreign exchange trader who defrauded investors of 5.5 million pounds, spending the money in casinos and bars. According to UK media he spent more than 200,000 pounds on Britain's most expensive round of drinks at a Liverpool nightclub. </li><li>&nbsp;&nbsp;&nbsp; On Friday Hope was made the subject of a "proceeds of crime" confiscation order to the sum of 166,696 pounds, and must pay this in full within three months or have his jail term extended by 20 months. </li><li>&nbsp;&nbsp;&nbsp; "The FCA will continue to work hard to ensure wrongdoers are held to account not only for their wrongdoing but also for its consequences, especially to victims, to the fullest extent possible," said Mark Steward, the FCA's director of enforcement. </li><li>&nbsp;&nbsp;&nbsp; A confiscation order was made for 99,819 pounds in December against Raj Von Badlo, Hope's co-defendant who received a two year jail sentence. </li><li>&nbsp;&nbsp;&nbsp; Steward said the large sum recovered was due to quick action to restrain the proceeds from Hope's offending. ($1 = 0.6919 pounds) </li></ul></div>ZAT Cohttps://plus.google.com/109368630212859290585noreply@blogger.com0tag:blogger.com,1999:blog-3565408594758982642.post-65334244668608504972016-02-12T18:05:00.003+02:002016-08-31T04:18:51.241+03:00Company : No longer guaranteed by cheap oil <div dir="ltr" style="text-align: left;" trbidi="on">&nbsp; HIGH PRICE FOR GROWTH <br /><ul style="text-align: left;"><li>&nbsp;&nbsp;&nbsp; Consumer staples stocks, which include Procter &amp; Gamble&nbsp; PG.N&nbsp; and Anheuser-Busch InBev&nbsp; ABI.BR , have been trading at historically high multiples, anywhere from 18 times earnings to more than 30 times, buoyed by the fact that they are stable, have decent yields in a low interest rate environment and exposure to emerging markets, which up until recently, were significant offsets to weak mature markets.&nbsp; </li><li>&nbsp;&nbsp;&nbsp; Even though they have tempered their forecasts in the wake of the downturn, they are still seeing top- and bottom-line growth, and many investors are prepared to pay up for that, especially with so many other sectors sinking. </li></ul><blockquote class="tr_bq">&nbsp;&nbsp; "They (investors) are saying 'Look the world is terrible, I'm going to lose money in most places. I'm prepared to pay a high price to be confident for a little bit of growth'," said Ali </blockquote><ul style="text-align: left;"><li>Miremadi, fund manager at THS Partners in London which owns shares of Unilever, Nestle, Pepsi and Mondelez International&nbsp; MDLZ.O . </li></ul><blockquote class="tr_bq">&nbsp;&nbsp;&nbsp; "These are all fundamentally strong companies, which assuming you are going to hold them for a reasonably long period of time, are very reasonably valued."&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Still, valuations do reach a point -- somewhere around 30 times earnings -- where it's harder to justify owning a stock that is delivering only single-digit revenue growth, Miremadi </blockquote>said. <br /><ul style="text-align: left;"><li>&nbsp;&nbsp;&nbsp; Consumer staples do nevertheless offer income, which may become more scarce as companies such as miner Rio Tinto&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </li></ul>&nbsp;&nbsp;&nbsp; UNPREDICTABLE&nbsp;&nbsp;&nbsp; <br /><ul style="text-align: left;"><li>&nbsp;&nbsp;&nbsp; But companies need to work harder to win over consumers, according to PepsiCo Chief Executive Indra Nooyi.&nbsp;&nbsp;&nbsp;&nbsp; "In the past, we used to say when gas prices came down there used to be a perceptible increase in convenience store traffic," Nooyi told analysts this week. </li></ul><blockquote class="tr_bq"><span style="background-color: magenta;">&nbsp;&nbsp;&nbsp;</span> "Yes, we did see an increase in convenience store traffic (of about 6 percent), but I think that game has played out. Now it's going to be how much innovation you put on the shelves and how you execute."&nbsp;&nbsp;&nbsp;&nbsp; L'Oreal Chief Executive Jean-Paul Agon said he was surprised by the lack of any fuel-related benefit.&nbsp; </blockquote><blockquote class="tr_bq"><span style="background-color: blue;">&nbsp;&nbsp;&nbsp;</span> "When I ran L'Oreal US ten years ago, every 10 cent, or 20 cents less in the price of the gas translated immediately into more consumption," Agon said. "We started the year, last year, with the idea that the reduction in the price of gas would probably mean an acceleration of the consumption ... and honestly, we did not see it at all." </blockquote><blockquote class="tr_bq"><span style="background-color: cyan;">&nbsp;&nbsp;&nbsp;</span> "We did not see it in America, we did not see it in Western Europe. So we don't have some precise explanation about it. Maybe some people are doing more savings or spending money on other categories."&nbsp;&nbsp;&nbsp;&nbsp; With global oil consumption around 95 million barrels per day, the drop in prices from $115 per barrel in June 2014 to around $30 now has resulted in savings of about $8 billion per day for oil importers, said Laith Khalef, senior analyst at Hargreaves Lansdown Stockbrokers.&nbsp; </blockquote><blockquote class="tr_bq"><span style="background-color: orange;">&nbsp;&nbsp;&nbsp;</span> "That's a pretty big stimulus to those oil consumers, but we haven't really seen it yet," Khalef said.</blockquote><blockquote class="tr_bq"><span style="background-color: lime;">&nbsp; &nbsp;</span> "That's a theme that perhaps is not being played out in the market.&nbsp;&nbsp;&nbsp;&nbsp; Part of the reason the fuel price benefit is more muffled than in previous cycles, analysts say, is because consumers are paying down their own debt, uncertain about their future wage growth. Another reason is that there are more things to spend money on that are not tracked by traditional measures, such as online home-sharing service Airbnb or car ride service Uber. </blockquote><blockquote class="tr_bq"><span style="background-color: yellow;">&nbsp;&nbsp;&nbsp;</span> "The consumer has arguably been swinging his money around, and is not consistently going anywhere," said Liberum analyst Robert Waldschmidt. "This month it's at the retail outlets, next month it's at the cinema and maybe after that it's a new app."&nbsp; </blockquote>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </div>ZAT Cohttps://plus.google.com/109368630212859290585noreply@blogger.com0tag:blogger.com,1999:blog-3565408594758982642.post-55277227985058634972016-01-06T14:05:00.000+02:002016-08-31T04:17:32.814+03:00Company News January 2016 No1 : Currencies makes the device more expensive<div dir="ltr" style="text-align: left;" trbidi="on"><script src="https://ajax.googleapis.com/ajax/libs/jquery/1.5.1/jquery.min.js" type="text/javascript"> </script> <br /><div class="content_1ktodaynews"><h3><span style="background-color: red;">&nbsp;&nbsp;&nbsp;&nbsp;</span> Fiat's Brilliant Spinoff of Ferrari</h3><ul><li>Fiat Chrysler has spun off Ferrari, and the two companies have comparable market caps. Does this mean that more exclusive brands command a premium on the stock exchange?</li><li>On Tuesday, Ferrari's second day of trading on the Milan stock exchange, the carmaker was valued at $9.1 billion. Fiat Chrysler was worth $11.6 billion.</li><li>How can a company that only sold 7,255 cars in 2014 be worth 78 percent of one that sold more than 4 million? After all, the mass-market automaker earns far more than the premium one. Fiat Chrysler's projected 2016 net income is $2.2 billion, and Ferrari is only expected to make $342 million. Ferrari has a lower debt level than Fiat Chrysler, but the difference is not sufficient to explain the market valuations.</li><li>And what explains Ferrari's price-to-earnings ratio of 26 times earnings? It is almost unique in the car industry: Only Tesla trades at a higher one.</li></ul></div><div class="content_2ktodaynews" style="display: none;"><ul><li>That's not how it's supposed to work. as Aswath Damodaran, a New York University finance professor who specializes in equity valuation, wrote in a blog post in October, when the Ferrari spinoff was announced:</li><li>There is a lot of casual talk about how Ferrari will command a premium because of its name and some have suggested that you should add that premium on to estimated value. In an intrinsic valuation, it is double counting to add a premium.</li><li>Indeed, Ferrari's -- and any other luxury producer's -- fat profit margins (Ferrari has four times the gross margin of Fiat Chrysler, based on the 2016 estimates) are a reflection of the value of its brand. </li><li>One could theorize that Ferrari's stellar multiple reflects the effect of a strong brand on financial performance. Research has shown that companies with strong brands outperform the stock market index: When Interbrand publishes its marque valuations, the highly ranked companies' stocks jump. </li><li>But Ferrari is not on Interbrand's Top 100 list, and Toyota, Mercedes and BMW are all in the top 20. There's no correlation between the estimated value of the brands and the earnings multiple for the companies that own Interbrand's top 30 brands (Apple was the most valuable last year, at $170.2 billion). </li><li>Nonetheless, the correlation between the earnings multiples of car companies and the average prices of the vehicles they sell, 0.66, is not trivial. </li></ul></div><div class="content_3ktodaynews" style="display: none;"><ul><li>It doesn't work this way in other industries. For example, LVMH, the parent company of luxury brands such as Louis Vuitton, Kenzo and DKNY, trades at a lower earnings multiple (16.5) than far less glamorous Adidas (21.7) or Zara owner Inditex (29.1). Apple sells premium products, but its earnings multiple, 10.6, is not much higher than Samsung's 8.7.</li><li>With cars, though, a more premium product appears to give a boost to market capitalization. It makes sense because making luxury cars is a more stable business than auto manufacturing in general: Ferrari's sales have been more or less stable for the last 15 years, regardless of the economic upheavals. And should sales decline slightly -- or even be artificially limited for exclusivity's sake -- fat profit margins can always compensate for the loss, as they did for Ferrari in 2013. </li><li>Middle-class customers sometimes buy expensive designer clothing, but they can't afford supercars, or even less expensive luxury automobiles such as Teslas, Maseratis and Jaguars.</li><li>Distributing Ferrari shares among Fiat Chrysler shareholders was a genius move by Chief Executive Officer Sergio Marchionne. Other carmakers should do the same with their luxury brands. Great shareholder value could be unlocked, for example, if Jaguar Land Rover could trade independently of its Indian parent, Tata. </li><li>Sure, the Ferrari spinoff shaved off a third of Fiat Chrysler's market cap, but the entire company traded at $15-16 billion, and now the two companies are worth a combined $21 billion.</li><li>Marchionne took a risk because Fiat Chrysler's weaknesses are exposed without Ferrari to boost margins and profit. Others in the car industry may not want to be so vulnerable. It might, however, make sense for Volkswagen, which is trying to rebuild after an emissions scandal that may cost billions of dollars. It might need the money it could get by spinning off Lamborghini, Porsche and Bentley, even Audi.</li></ul></div><div style="font-weight: bold;">Read Full Text : <a class="button_1ktodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> <span style="color: red;">Back To Title</span></a><span style="color: red;"> </span><a class="button_2ktodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#" style="color: red;"> Read Text Part 1</a><span style="color: red;"> </span><a class="button_3ktodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#" style="color: red;"> Read Text Part 2</a></div><script src="https://ajax.googleapis.com/ajax/libs/jquery/1.5.1/jquery.min.js" type="text/javascript"> </script> <script> jQuery(document).ready(function(){ jQuery('.button_1ktodaynews').click(function(){ jQuery('.content_1ktodaynews').show('slow'); jQuery('.content_2ktodaynews').hide('slow'); jQuery('.content_3ktodaynews').hide('slow'); return false; }); jQuery('.button_2ktodaynews').click(function(){ jQuery('.content_1ktodaynews').show('slow'); jQuery('.content_2ktodaynews').show('slow'); jQuery('.content_3ktodaynews').hide('slow'); return false; }); jQuery('.button_3ktodaynews').click(function(){ jQuery('.content_1ktodaynews').show('slow'); jQuery('.content_2ktodaynews').hide('slow'); jQuery('.content_3ktodaynews').show('slow'); return false; }); }); </script> <br /><div dir="ltr" style="text-align: left;" trbidi="on"><script src="https://ajax.googleapis.com/ajax/libs/jquery/1.5.1/jquery.min.js" type="text/javascript"> </script> <br /><div class="content_1az"><h3></h3><h3>&nbsp;</h3><h3><span style="background-color: blue;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</span>Toyota Snubs Tech Companies With Ford Dashboard Deal</h3><b></b><br /><ul><b><li>Toyota Motor Corp. agreed to use a car-phone connectivity system championed by Ford Motor Co. in a front to keep Apple Inc. and Google from dominating control of dashboards.</li><li>Toyota will introduce a telematics system with Ford’s SmartDeviceLink, an open platform that the automakers are inviting their peers to adopt for in-car applications, it said in a statement. Toyota has resisted offering Apple’s CarPlay and Google’s Android Auto, citing safety and security concerns, while Ford is offering them as apps within its Sync connectivity system this year.</li><li>“Developing a safer and more secure in-car smartphone connectivity service which better matches individual vehicle features is exactly the value and advantage an automaker can offer customers,” Shigeki Terashi, a Toyota executive vice president, said in the statement. Ford said Honda Motor Co., Fuji Heavy Industries Ltd.’s Subaru, Mazda Motor Corp. and Peugeot SA also are investigating SmartDeviceLink.</li></b></ul></div><div class="content_2az" style="display: none;"><ul><li>The deal shows two of the world’s largest automakers remain wary about giving Apple and Google too much control over displays that IHS Automotive estimates will generate $18.6 billion in sales by 2021. For Toyota, which is involved in another system called MirrorLink that competes with the two tech giants, the collaboration with Ford suggest the company is spreading its bets on car connectivity options.</li><li><b>‘Biggest Disruption’</b></li><li>Consumer awareness of CarPlay and Android Auto “really does fundamentally change what consumers want out of that system in their center stack,” said Jeremy Carlson, an IHS Automotive analyst. Apple and Google will deliver “most likely the biggest disruption to in-vehicle infotainment systems in the history of automotive.”</li><li>Ahead of this week’s Consumer Electronics Show, Toyota also said it will equip U.S. vehicles with data communication modules next year that connect cars with cellular networks. The modules will enable a system that notifies authorities when air bags deploy due to traffic accidents.</li></ul></div><div class="content_3az" style="display: none;"><ul><li><b>MirrorLink System</b></li><li>Toyota first agreed to collaborate with Ford on car telematics systems in 2011 and said in June last year that it was exploring SmartDeviceLink for its vehicles. MirrorLink, which lets drivers run navigation and entertainment apps on their smartphones using large icons on their dashboard screens, was created by the Car Connectivity Consortium, a group of carmakers and phone manufacturers including Volkswagen AG, General Motors Co., Hyundai Motor Co., Samsung Electronics Co. and HTC Corp.</li><li>“We want 25 nav apps, we want 15 music players, we want things that people haven’t even thought of to come to this space,” Alan Ewing, the consortium’s president, said in an interview. For Apple and Google, “they’re not there to create an environment for app developers to do cool things. They’re there to enable their own businesses.”</li><li>IHS Automotive has estimated that adoption of MirrorLink will trail behind CarPlay and Android Auto, citing limited consumer familiarity.</li></ul></div><div style="font-weight: bold;">Read Full Text : <a class="button_1az" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> <span style="color: red;">Back To Title</span></a><span style="color: red;"> </span><a class="button_2az" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#" style="color: red;"> Read Full Text Part 1</a><span style="color: red;"> </span><a class="button_3az" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#" style="color: red;"> Read Full Text Part 2</a></div><script src="https://ajax.googleapis.com/ajax/libs/jquery/1.5.1/jquery.min.js" type="text/javascript"> </script> <script> jQuery(document).ready(function(){ jQuery('.button_1az').click(function(){ jQuery('.content_1az').show('slow'); jQuery('.content_2az').hide('slow'); jQuery('.content_3az').hide('slow'); return false; }); jQuery('.button_2az').click(function(){ jQuery('.content_1az').show('slow'); jQuery('.content_2az').show('slow'); jQuery('.content_3az').hide('slow'); return false; }); jQuery('.button_3az').click(function(){ jQuery('.content_1az').show('slow'); jQuery('.content_2az').hide('slow'); jQuery('.content_3az').show('slow'); return false; }); }); </script> <script src="https://ajax.googleapis.com/ajax/libs/jquery/1.5.1/jquery.min.js" type="text/javascript"> </script> <br /><div class="content_1bz"><h3><span style="background-color: red;">&nbsp;&nbsp;&nbsp;&nbsp;</span>Singapore Air Raises Tiger Air Bid in Push to Delist Company</h3><b></b><br /><ul><b>Singapore Airlines Ltd. raised its offer for Tiger Airways Holdings Ltd. by almost 10 percent, offering shareholders in the unprofitable budget airline an improved deal after a lobby group urged Southeast Asia’s largest carrier to sweeten its bid. </b></ul></div><div class="content_2bz" style="display: none;"><ul><li>SIA is offering Tiger Air stockholders 45 Singapore cents, from its initial proposal of 41 cents, the company said in a statement to the stock exchange on Monday. The offer, which SIA said it does not intend to revise further, has been extended to Jan. 22 from Jan. 8.</li><li>SIA is seeking to delist Tiger Air after it made losses because of over-expansion in a competitive market that has caused other airlines to be privatized or collapse. The Securities Investors Association Singapore, which campaigns on behalf of minority shareholders, last year asked the airline’s board to consider improving the Tiger Air offer, noting that SIA paid 56.5 cents a share to raise its stake in 2014.</li><li>“It is an encouraging move by SIA and this, together with the deadline extension, would prompt minority shareholders to reconsider their positions,” David Gerald, president of the Securities Investors Association Singapore, said by phone. “SIA likely raised the price because they haven’t reached the 90 percent threshold to delist Tiger and they’re hoping to shore up more support.”</li></ul></div><div class="content_3bz" style="display: none;"><ul><li><b>SIA Shares</b></li><li>Shares of SIA fell 1.9 percent to close at S$10.99 on Monday after dropping 3.5 percent in 2015. Tiger Airways was unchanged at 41 cents, valuing the company at S$1.03 billion ($723 million). </li><li>SIA, which owns 55.8 percent of Tiger Air, said in November that it will also offer shareholders of the budget carrier an option to buy SIA shares at S$11.1043 each.</li><li>Singapore Air injected funds into Tiger Air in 2014 by increasing its stake to include the carrier as a subsidiary. While Tiger Air has reduced capacity, cut routes and ended partnerships in Australia, Indonesia and the Philippines to curb losses, it still reported a loss in the three months ended September.</li></ul></div><div style="font-weight: bold;">Read Full Text : <a class="button_1bz" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> <span style="color: red;">Back To Title</span></a><span style="color: red;"> </span><a class="button_2bz" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#" style="color: red;"> Read Full Text Part 1</a><span style="color: red;"> </span><a class="button_3bz" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#" style="color: red;"> Read Full Text Part 2</a></div><script src="https://ajax.googleapis.com/ajax/libs/jquery/1.5.1/jquery.min.js" type="text/javascript"> </script> <script> jQuery(document).ready(function(){ jQuery('.button_1bz').click(function(){ jQuery('.content_1bz').show('slow'); jQuery('.content_2bz').hide('slow'); jQuery('.content_3bz').hide('slow'); return false; }); jQuery('.button_2bz').click(function(){ jQuery('.content_1bz').show('slow'); jQuery('.content_2bz').show('slow'); jQuery('.content_3bz').hide('slow'); return false; }); jQuery('.button_3bz').click(function(){ jQuery('.content_1bz').show('slow'); jQuery('.content_2bz').hide('slow'); jQuery('.content_3bz').show('slow'); return false; }); }); </script> <script src="https://ajax.googleapis.com/ajax/libs/jquery/1.5.1/jquery.min.js" type="text/javascript"> </script> <br /><div class="content_1cz"><h3><span style="background-color: blue;">&nbsp;&nbsp;&nbsp;&nbsp;</span>&nbsp; GM Invests $500 Million in Lyft</h3><b></b><br /><ul><b><li>General Motors Co. will invest $500 million in Lyft Inc., giving the ride-hailing startup a valuation of $5.5 billion and a major ally in the global battle against Uber Technologies Inc.</li><li>The investment, part of a $1 billion financing round for Lyft, is the biggest move by an automaker to date when it comes to grappling with the meteoric rise of the ride-hailing industry.</li><li>GM and Lyft said they will work together to develop a network of self-driving cars that riders can call up on-demand, a vision of the future shared by the likes of Uber Chief Executive Officer Travis Kalanick and Google-parent Alphabet Inc. More immediately, America’s largest automaker will offer Lyft drivers vehicles for short-term rent through various hubs in U.S. cities, the companies said in separate statements on Monday.</li><li>GM President Dan Ammann, who is joining Lyft’s board as part of the deal, expects the automotive industry to “change more in the next five years than it has in the last 50 and we obviously want to make sure we’re at the forefront of that change.”</li></b></ul></div><div class="content_2cz" style="display: none;"><ul><li><b>Global Alliance</b></li><li>Ammann called the investment an “alliance” with Lyft. Rather than stay neutral in the battle between Uber and Lyft, GM invested because of the “level of integration and cooperation that will be required, particularly for the longer term nature of this,” he said in a phone interview.</li><li>Uber’s Kalanick, whose company has been investing aggressively in self-driving cars, has said that it could take between 5 and 15 years before such vehicles are meaningfully deployed around the country.</li><li>GM is open to working with some of Lyft’s international partners, which include Didi Kuaidi in China, Ola in India and GrabTaxi in Southeast Asia, Ammann said.</li><li>“We certainly see an opportunity to work together through those relationships,” Ammann said. “The U.S. is our home market and it continues to be our largest market and we think this is the right place to begin the journey.”</li><li>The partnership is a blow for Uber, which has fought to overwhelm Lyft, its only substantial U.S. competitor. Sidecar, another American rival, announced in December that it would shut its network.</li><li>Uber has raised more than $10 billion in financing and is spending aggressively to grow. Its last round of financing valued the company at $62.5 billion.</li></ul></div><div class="content_3cz" style="display: none;"><ul><li><b>Doubling Financing</b></li><li>Ford Motor Co. is experimenting with its own ride-sharing initiatives: the company last year started offering a network of shared cars in London to tap the growing market for on-demand driving. Fontinalis Partners LLC, the venture firm funded by Ford Executive Chairman Bill Ford, has previously invested in Lyft.</li><li>Lyft’s latest financing round nearly doubles the three-year-old startup’s total financing. Since 2013, Lyft has raised more than $2 billion, the company said. Bloomberg previously reported that Lyft had filed to raise $1 billion as part of this financing round. Its latest $5.5 billion valuation is post-money, meaning it includes the value from raising its latest $1 billion.</li><li>Saudi Arabian billionaire Prince Alwaleed Bin Talal’s Kingdom Holding Co. invested $100 million as part of the round and existing investors Janus Capital Management, Rakuten Inc., Didi Kuaidi and Alibaba Group Holding Ltd. also participated, according to the statement.</li><li>Lyft lost $127 million in the first half of 2015 on $46.7 million in revenue, according to fundraising documents obtained by Bloomberg. It said in November it has gained share in key markets such as San Francisco, and has a gross revenue “run rate” of $1 billion. Lyft has said it’s operating in more than 190 cities.</li></ul></div><div style="font-weight: bold;">Read Full Text : <a class="button_1cz" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> <span style="color: red;">Back To Title</span></a><span style="color: red;"> </span><a class="button_2cz" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#" style="color: red;"> Read Full Text Part 1</a><span style="color: red;"> </span><a class="button_3cz" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#" style="color: red;"> Read Full Text Part 2</a></div><script src="https://ajax.googleapis.com/ajax/libs/jquery/1.5.1/jquery.min.js" type="text/javascript"> </script> <script> jQuery(document).ready(function(){ jQuery('.button_1cz').click(function(){ jQuery('.content_1cz').show('slow'); jQuery('.content_2cz').hide('slow'); jQuery('.content_3cz').hide('slow'); return false; }); jQuery('.button_2cz').click(function(){ jQuery('.content_1cz').show('slow'); jQuery('.content_2cz').show('slow'); jQuery('.content_3cz').hide('slow'); return false; }); jQuery('.button_3cz').click(function(){ jQuery('.content_1cz').show('slow'); jQuery('.content_2cz').hide('slow'); jQuery('.content_3cz').show('slow'); return false; }); }); </script> <script src="https://ajax.googleapis.com/ajax/libs/jquery/1.5.1/jquery.min.js" type="text/javascript"> </script> <br /><div class="content_1dz"><h3><span style="background-color: red;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</span>Volkswagen Sued by U.S. for Cheating on Emissions Standards</h3><b></b><br /><ul><b></b></ul></div>The Justice Department sued Volkswagen AG, accusing the German automaker of installing illegal devices meant to defeat emissions testing on nearly 600,000 vehicles, marking another blow against the company which has been rocked by the pollution scandal since September.<br /><br /><br /><br /><br /><br /><br /><li> </li>The complaint filed Monday in federal court in Detroit is the first case against the company brought by the Justice Department, which is also investigating the carmaker for possible criminal conduct related to the devices. <li> </li>The biggest possible penalty under the complaint could be against Volkswagen on all of the alleged violations for all of the cars. However, judges rarely impose the maximum penalty and some of the alleged violations could be considered to be overlapping, bringing down any final amount, a senior Justice Department official said. Nevertheless, the penalties requested against the company would clearly be in the billions of dollars, another official said. <li> </li>"Car manufacturers that fail to properly certify their cars and that defeat emission control systems breach the public trust, endanger public health and disadvantage competitors," Assistant Attorney General John Cruden said in a statement. <li></li><br /><div class="content_2dz" style="display: none;"><ul><li>Volkswagen admitted in September that it had rigged some diesel engines so that emissions controls only came on during testing. Those controls shut off while the car was on the road, producing nitrogen oxide emissions well in excess of the U.S. legal standard. Since then, the company has said that the cheating software was installed in 11 million vehicles worldwide. The company, which has so far set aside 6.7 billion euros for recalls of diesel cars, has gradually made progress in dealing with the crisis. The automaker is nearing regulatory approval for a low-cost fix for some 8.5 million cars in Europe. </li><li>The Justice Department complaint includes additional vehicles with larger engines, including some Porsche and Audi models, that Volkswagen admitted in November also contained modes that could be considered defeat devices.</li><li>The Environmental Protection Agency, which in September announced Volkswagen violated federal law by using the defeat devices, said that talks with the company about repairing the affected vehicles hadn’t been resolved.</li><li>“So far, recall discussions with the company have not produced an acceptable way forward," Cynthia Giles, assistant administrator for enforcement and compliance assurance at EPA, said in the statement.</li><li>The Justice Department is seeking an order requiring Volkswagen to take “appropriate steps,” including mitigating nitrogen oxide emissions. Such steps might include forcing Volkswagen to install equipment to reduce pollution or buy back vehicles from owners. To obtain such an order, the government would have to spell out what it’s seeking in a separate filing later.</li><li>The government is seeking to add the case to consumer and investor lawsuits now before a federal judge in San Francisco for pre-trial proceedings.</li></ul></div><div class="content_3dz" style="display: none;"><ul><li>Volkswagen is working with all government agencies investigating its diesel engines for possible violations of the Clean Air Act, company spokeswoman Jeannine Ginivan said in an e-mailed statement. It’s also developing an independently administered program to compensate consumers for their economic losses, she said.</li><li>“Volkswagen will continue to work cooperatively with the EPA on developing remedies to bring” the affected vehicles into full compliance with regulations as soon as possible, Ginivan said. The company has suspended sales of its diesel vehicles in the U.S. until the matter is resolved.</li><li>The complaint includes four alleged violations for each vehicle: selling cars without EPA emissions certifications, selling cars with the so-called defeat devices, tampering with the engines and failing to report the existence of the defeat devices.</li><li>Under the Clean Air Act, each of those violations could result in a penalty of up to $32,500 or $37,500 depending on when the violation occurred. That means that each of the approximately 580,000 cars sold by Volkswagen in the U.S. that had defeat devices could, in theory, be hit with four separate penalties, according to the Justice Department official.</li><li>In addition to Volkswagen, the lawsuit also names company units Audi AG, Porsche AG and Porsche Cars North America as defendants. The U.S. said the violations involved car models from 2009 to 2016 including some Volkswagen Jettas, Golfs and Passats, as well as the Audi A6 and A7 Quattro.</li><li>Volkswagen presented California regulators with a proposal to make its 2.0-liter diesel engines compliant with pollution standards on Nov. 20. The EPA and California’s Air Resources board have been evaluating VW’s proposed fixes. CARB has said it will formally respond to the plan no later than Jan. 14. EPA hasn’t given any timetable for its response.</li><li>VW won approval from European regulators in December for a plan to repair emissions controls on about 8.5 million vehicles with 1.2-liter, 1.6-liter and 2.0-liter engines. The 2.0-liter engines in the European Union’s 28 national markets will need only a software patch, VW said.</li><li>The case is U.S. v. Volkswagen AG, 16-cv-10006, U.S. District Court, Eastern District of Michigan (Detroit).</li></ul></div><div style="font-weight: bold;">Read Full Text : <a class="button_1dz" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> <span style="color: red;">Back To Title</span></a><span style="color: red;"> </span><a class="button_2dz" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#" style="color: red;"> Read Full Text Part 1</a><span style="color: red;"> </span><a class="button_3dz" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#" style="color: red;"> Read Full Text Part 2</a></div><script src="https://ajax.googleapis.com/ajax/libs/jquery/1.5.1/jquery.min.js" type="text/javascript"> </script> <script> jQuery(document).ready(function(){ jQuery('.button_1dz').click(function(){ jQuery('.content_1dz').show('slow'); jQuery('.content_2dz').hide('slow'); jQuery('.content_3dz').hide('slow'); return false; }); jQuery('.button_2dz').click(function(){ jQuery('.content_1dz').show('slow'); jQuery('.content_2dz').show('slow'); jQuery('.content_3dz').hide('slow'); return false; }); jQuery('.button_3dz').click(function(){ jQuery('.content_1dz').show('slow'); jQuery('.content_2dz').hide('slow'); jQuery('.content_3dz').show('slow'); return false; }); }); </script> <br /><div class="content_1ez"><h3><span style="background-color: blue;">&nbsp;&nbsp;&nbsp;&nbsp;</span>&nbsp; Tesla Stresses Quality Over Quantity as Model X Deliveries Begin</h3><b></b><br /><ul><b><li>Tesla Motors Inc.’s slow rollout of the Model X sport utility vehicle shows the maker of electric cars is emphasizing quality over quantity to protect its brand image after hiccups earlier in 2015.</li><li>Following a splashy introduction of the SUV in late September and a backlog of thousands of orders, Tesla went on to deliver 208 Model Xs in the fourth quarter. That’s less than half the 507 it actually built and below some analysts’ projections. One reason, Tesla said Sunday, is that in the early stages of production it will “prioritize quality above all else.”</li><li>Tesla may have learned from a fresh, painful lesson: In late October, its shares slid the most in more than two months after Consumer Reports, the product-reviewer that once extolled the virtue of its Model S luxury car, pulled the vehicle from its recommended list because of below-average reliability. The automaker needs to ensure a smooth reception for the SUV ahead of the planned 2017 rollout of the Model 3, a less expensive sedan that’s designed to put the brand finally within reach of the mass consumer.</li></b></ul></div><div class="content_2ez" style="display: none;"><ul><li>“It’s important for Tesla to go through these growing pains now so that it can learn and refine its process,” said Jessica Caldwell, an industry analyst at Edmunds.com. “You can bet that there will be many, many more people lining up to buy a Model 3, and Tesla will have far less margin of error to meet those deliveries.”</li><li>The Model 3 is key to the Palo Alto, California-based company’s plan to sell 500,000 cars annually by 2020. The Model S sedan and Model X are produced on a shared assembly line at its factory in nearby Fremont.</li><li>Tesla shares slid 6.9 percent -- the most since August -- on Monday, one day after the company said it delivered 17,400 vehicles in the quarter and 50,580 for the year. The annual total was in the low end of the range of 50,000 to 52,000 that Chief Executive Officer Elon Musk projected in November. By comparison Ford Motor Co. sold 65,192 F-series pickup trucks that month alone.</li></ul></div><div class="content_3ez" style="display: none;"><ul><b>Stock Slump</b><li>The stock’s decline came amid a broad selloff in the U.S. and other world stock markets on concern about slowing growth in China. That also bears on Tesla, which is counting on China as its newest major market.</li><li>Tesla, in its statement on Sunday, said that in the final week of 2015 it was producing SUVs at a daily rate equaling output of about 238 a week. Ben Kallo, an analyst at Robert W. Baird &amp; Co., had estimated Tesla would deliver about 1,000 Model Xs in the fourth quarter.</li><li>“We remain on the sidelines until we see further clarity around the Model X ramp and the Model 3 reveal,” Kallo, who rates the shares neutral, wrote in a research note published early Monday.</li></ul></div><div style="font-weight: bold;">Read Full Text : <a class="button_1ez" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> <span style="color: red;">Back To Title</span></a><span style="color: red;"> </span><a class="button_2ez" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#" style="color: red;"> Read Full Text Part 1</a><span style="color: red;"> </span><a class="button_3ez" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#" style="color: red;"> Read Full Text Part 2</a></div><script src="https://ajax.googleapis.com/ajax/libs/jquery/1.5.1/jquery.min.js" type="text/javascript"> </script> <script> jQuery(document).ready(function(){ jQuery('.button_1ez').click(function(){ jQuery('.content_1ez').show('slow'); jQuery('.content_2ez').hide('slow'); jQuery('.content_3ez').hide('slow'); return false; }); jQuery('.button_2ez').click(function(){ jQuery('.content_1ez').show('slow'); jQuery('.content_2ez').show('slow'); jQuery('.content_3ez').hide('slow'); return false; }); jQuery('.button_3ez').click(function(){ jQuery('.content_1ez').show('slow'); jQuery('.content_2ez').hide('slow'); jQuery('.content_3ez').show('slow'); return false; }); }); </script> <br /><div class="content_1fz"><h3><span style="background-color: red;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</span>Microsoft Windows 10 Runs on 200 Million Devices in 6 Months</h3><b></b><br /><ul><b><li>Microsoft Corp.’s new Windows 10 operating system is running on more than 200 million devices, putting the software on course for the fastest growth trajectory of any previous version as the company faces increasing competition with Apple Inc. and Google Inc.</li><li>The software upgrade, which was released in July 2015, is outpacing Windows 8 by almost 400 percent, according to a post on the Windows blog by Corporate Vice President of Windows and Devices Group Yusuf Mehdi. This inches the company closer to its goal of having 1 billion devices running Windows 10 in 2018.</li><li>The success of Windows 10 is key to Chief Executive Officer Satya Nadella’s strategy of building an ecosystem of gadgets and cloud-based software and services that work together -- similar to the way that Apple’s and Google’s do now. Microsoft is also counting on Windows to help restore growth to one of the company’s flagship businesses as revenue from the PC operating system has fallen 19 percent in the past five years.</li><li>"Is it enough to believe Windows has turned the corner?" said Mark Moerdler, an analyst at Sanford Bernstein &amp; Co. "No, but it’s a positive sign in that direction."</li></b></ul></div><div class="content_2fz" style="display: none;"><ul> <b>Market Slump</b><li>The release of the new operating system came amid a slump in the market for PCs and as the consumer-gadgets market has moved away from Microsoft. The company’s introduction of new phones, a tablet and a laptop in October was an effort to attract consumers and developers to its operating system.</li><li>“We continue to be excited –- and humbled -– by the incredible response to Windows 10,” Medhi wrote in the post. “Overall, we are seeing significantly higher customer satisfaction with Windows 10 than any prior version of Windows.”</li><li>Windows 10 was released as a free upgrade for many consumers, while large businesses paid for multi-year licenses that included the new program. More than 22 million devices are running the new operating system across enterprise and education customers, according to Mehdi.</li></ul></div><div class="content_3fz" style="display: none;"><ul><li>“At the end of the day, they are behind iOS and Android in terms of people using Windows on mobile,” said Anurag Rana, an analyst at Bloomberg Intelligence. “The push towards Windows 10 is one way to narrow that gap.”</li><li>New features in Windows 10 include Cortana voice-enabled personal assistant and the new Edge browser that replaces Internet Explorer. Microsoft has also made a “major investment” in creating a single app and Windows store designed to help developers create content that reaches users across platforms.</li><b><li>Among Windows 10 devices, the Xbox One led the way in 2015.</li></b><li>Microsoft shares were down 3.2 percent, their biggest intraday slide since September, to $53.72 at 12:10 p.m. in New York, as global markets tumbled. The Standard &amp; Poor’s 500 declined 1.4 percent.</li></ul></div><div style="font-weight: bold;">Read Full Text : <a class="button_1fz" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> <span style="color: red;">Back To Title</span></a><span style="color: red;"> </span><a class="button_2fz" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#" style="color: red;"> Read Full Text Part 1</a><span style="color: red;"> </span><a class="button_3fz" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#" style="color: red;"> Read Full Text Part 2</a></div><script src="https://ajax.googleapis.com/ajax/libs/jquery/1.5.1/jquery.min.js" type="text/javascript"> </script> <script> jQuery(document).ready(function(){ jQuery('.button_1fz').click(function(){ jQuery('.content_1fz').show('slow'); jQuery('.content_2fz').hide('slow'); jQuery('.content_3fz').hide('slow'); return false; }); jQuery('.button_2fz').click(function(){ jQuery('.content_1fz').show('slow'); jQuery('.content_2fz').show('slow'); jQuery('.content_3fz').hide('slow'); return false; }); jQuery('.button_3fz').click(function(){ jQuery('.content_1fz').show('slow'); jQuery('.content_2fz').hide('slow'); jQuery('.content_3fz').show('slow'); return false; }); }); </script> <br /><div class="content_1gz"><h3><span style="background-color: blue;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</span>Malaysia Air Bans Checked Bags Over Fears Headwinds Could Leave Jets Short on Gas</h3><b></b><br /><ul><b><li>Malaysia Airlines took the unusual step of of telling long-haul passengers that they should fly without checked luggage on European flights, saying unusually intense headwinds are jeopardizing the ability of aircraft to reach cities in the continent even with a full load of fuel. </li><li>Any luggage that is checked in will "arrive later,” while customers connecting with Malaysian flights via other members of the Oneworld alliance may have their bags offloaded, the company said in an advisory bulletin on its website. </li><li>The Asian carrier is struggling to reach Western Europe as a result of “unseasonably strong headwinds” combined with longer flight paths adopted “in the interest of safety,” it said. Routes were modified after the downing of one of its jets over a war-zone in Ukraine in 2014 killed all 298 people aboard. </li><li>“The reasoning has made them look odd, it’s pure stupidity,” said Shukor Yusof, founder of Endau Analytics, an aviation consultancy firm in Malaysia. “It’s ludicrous. Malaysia Airlines have been flying to Europe for decades. Over the last 30-40 years was there no bad weather?" </li></b></ul></div><div class="content_2gz" style="display: none;"><ul><li><b>Tuesday’s baggage plan was also widely criticized over the Internet.</b></li><li>"Sad to see this Malaysian icon crumble with service excuses like this," wrote Patrick Khoo, who identified himself as a traveler from Kuala Lumpur, in a Facebook posting.</li><li>The past two years have been tumultuous for the carrier starting with the mysterious disappearance of MH370, which went missing in March 2014 while on a routine flight to Beijing from its base in Kuala Lumpur. Wreckage of the plane hasn’t been found in the world’s biggest search for a missing plane. The airline’s website got hacked, losses mounted and another aircraft was downed in Ukraine. Malaysia’s government then had to take the airline private, fire employees and appointed a new chief executive to restructure.</li><li>As part of the plan to turn around the carrier, Chief Executive Officer Christoph Mueller took an unusual step last month by agreeing on a mammoth deal with Dubai-based Emirates. The plan gave the carrier access to Europe without incurring "monumental losses," Mueller said in an interview at the time.</li><li>Malaysia Air said it regretted the inconvenience to passengers “and will deliver stranded baggage as soon as the situation permits.” The carrier said in the bulletin that it would “continue to assess the changing situation.”</li><li>Malaysia Air’s no-baggage plan, not shared by any other Asian airline, comes even as global oil prices have declined to around their lowest in a decade. Singapore Airlines Ltd. increased baggage allowance in all classes starting November 2013. Passengers flying on Singapore Air’s suites and first class can check in 50 kilograms of bags, those on business class 40 kilograms and economy class 30 kilograms.</li></ul></div><div class="content_3gz" style="display: none;"><ul><li>Singapore Air has no plan to change its check-in baggage policy, the carrier said in an e-mailed statement.</li><li>The Kuala Lumpur-based company initially advised people flying to Europe that the new rule would apply from Tuesday night local time until further notice, before issuing a further advisory suggesting that restrictions will be limited to flights to Paris and Amsterdam operated by Boeing Co. 777 aircraft on Tuesday and Wednesday.</li><li>Services to London using long-range Airbus Group SE A380 superjumbos can operate as normal using a shorter route after the airline updated a “risk-assessment matrix” with new data, it said.</li><li>Passengers affected by the moratorium on checked-luggage will be limited to a single carry-on bag weighing no more than 7 kilograms (15 pounds) in coach and two pieces totaling as much as 14 kilograms in business class and first.</li><li>Malaysia Air has been under intense scrutiny since MH370 went missing almost two years ago. Last month, the airline began investigating why Auckland’s air traffic control was provided with a wrong flight plan after the pilot questioned the air route.</li><li>The carrier’s "Bucket List" advertisement campaign in September 2014 sparked criticism across social media. The airline later said it will stop the "inappropriate" campaign in New Zealand and Australia.</li></ul></div><div style="font-weight: bold;">Read Full Text : <a class="button_1gz" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> <span style="color: red;">Back To Title</span></a><span style="color: red;"> </span><a class="button_2gz" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#" style="color: red;"> Read Full Text Part 1</a><span style="color: red;"> </span><a class="button_3gz" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#" style="color: red;"> Read Full Text Part 2</a></div><script src="https://ajax.googleapis.com/ajax/libs/jquery/1.5.1/jquery.min.js" type="text/javascript"> </script> <script> jQuery(document).ready(function(){ jQuery('.button_1gz').click(function(){ jQuery('.content_1gz').show('slow'); jQuery('.content_2gz').hide('slow'); jQuery('.content_3gz').hide('slow'); return false; }); jQuery('.button_2gz').click(function(){ jQuery('.content_1gz').show('slow'); jQuery('.content_2gz').show('slow'); jQuery('.content_3gz').hide('slow'); return false; }); jQuery('.button_3gz').click(function(){ jQuery('.content_1gz').show('slow'); jQuery('.content_2gz').hide('slow'); jQuery('.content_3gz').show('slow'); return false; }); }); </script> <br /><div class="content_1hz"><h3><span style="background-color: red;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</span>Sharp Leads Apple Suppliers Lower on IPhone Output Cut Report</h3><b></b><br /><ul><b><li>Sharp Corp. led suppliers to Apple Inc. lower in Tokyo after Nikkei Asian Review reported the U.S. company would reduce the first quarter output of its latest iPhones by about 30 percent.</li><li>Sharp dropped 4.9 percent to 116 yen as of 9:15 a.m. and Japan Display Inc. fell 3.8 percent. The companies both supply screens for Apple devices. TDK Corp. slid 3.2 percent.</li></b></ul></div><div class="content_2hz" style="display: none;"><ul><li>Inventories of the new iPhones, which debuted in September, have piled up at retailers in China and Europe amid lackluster sales as an increase in the dollar against emerging markets currencies makes the device more expensive in those countries, Nikkei reported. Apple had initially told suppliers to keep production of the iPhone 6s and 6s Plus models for the January-March period at the same level as for their predecessors, the publication said.</li><li>Once the inventory adjustment is complete, production should return to normal in June quarter, Nikkei said.</li><li>Sharp spokesman Toyodo Uemura and Ryoichi Imai, a spokesman for Japan Display, declined to comment on the report. Kristin Huguet, a spokeswoman for Cupertino, California-based Apple, declined to comment.</li></ul></div><div class="content_3hz" style="display: none;"><ul>Toward the end of last year, many analysts of began predicting that sales of Apple’s best-selling product would slump in 2016, based on supply chain issues and weaker demand especially from saturated, developed markets. Apple’s growth is increasingly dependent on demand for iPhones, while iPad tablet sales decline and adoption of the Apple Watch remains modest. Apple predicted in October that it would have another record holiday quarter. </ul></div><div style="font-weight: bold;">Read Full Text : <a class="button_1hz" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> <span style="color: red;">Back To Title</span></a><span style="color: red;"> </span><a class="button_2hz" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#" style="color: red;"> Read Full Text Part 1</a><span style="color: red;"> </span><a class="button_3hz" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#" style="color: red;"> Read Full Text Part 2</a></div><script src="https://ajax.googleapis.com/ajax/libs/jquery/1.5.1/jquery.min.js" type="text/javascript"> </script> <script> jQuery(document).ready(function(){ jQuery('.button_1hz').click(function(){ jQuery('.content_1hz').show('slow'); jQuery('.content_2hz').hide('slow'); jQuery('.content_3hz').hide('slow'); return false; }); jQuery('.button_2hz').click(function(){ jQuery('.content_1hz').show('slow'); jQuery('.content_2hz').show('slow'); jQuery('.content_3hz').hide('slow'); return false; }); jQuery('.button_3hz').click(function(){ jQuery('.content_1hz').show('slow'); jQuery('.content_2hz').hide('slow'); jQuery('.content_3hz').show('slow'); return false; }); }); </script> <br /><div class="content_1iz"><h3><span style="background-color: blue;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</span>Nintendo Drops in Tokyo After SMBC Nikko Cuts Recommendation</h3><b></b><br /><ul><b>Nintendo Co. fell in Tokyo trading after SMBC Nikko Securities Inc. cut its recommendation and said it now expects the company’s entry into smartphone games won’t make full contributions to revenue until the year ending March 2018. </b></ul></div><div class="content_2iz" style="display: none;"><ul><li>The video game maker’s shares dropped as much as 5.4 percent in Tokyo, the biggest decline on an intraday basis since Oct. 30. The stock was 4.7 percent lower at 15,640 yen as of 9:15 a.m. while the benchmark Topix index rose 0.4 percent.</li><li>Operating income for the fiscal year starting April 1 will probably be about 30 billion yen ($252 million), less than half the previous estimate, because of reduced sales volume for the 3DS handheld player and revised assumptions about smartphone games, Eiji Maeda, an analyst at SMBC Nikko, wrote in a report released Tuesday. He lowered his rating on the shares to underperform from neutral.</li><li>Nintendo has previously delayed the debut of its joint project with online games platform operator DeNA Co. While the company owns intellectual property including Mario and Zelda, the first game will be a free-to-play messaging-based application called Miitomo, which will have “few in game charges,” Maeda wrote.</li></ul></div><div class="content_3iz" style="display: none;"><ul>Nintendo shares rose 33 percent last year, fueled by its March announcement that the company was entering the smartphone game market. Earlier in 2015, the stock was up as much as 80 percent before the smartphone delays raised doubts about its ability to compete in the fast-moving, competitive market for free-to-play games. </ul></div><div style="font-weight: bold;">Read Full Text : <a class="button_1iz" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> <span style="color: red;">Back To Title</span></a><span style="color: red;"> </span><a class="button_2iz" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#" style="color: red;"> Read Full Text Part 1</a><span style="color: red;"> </span><a class="button_3iz" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#" style="color: red;"> Read Full Text Part 2</a></div><script src="https://ajax.googleapis.com/ajax/libs/jquery/1.5.1/jquery.min.js" type="text/javascript"> </script> <script> jQuery(document).ready(function(){ jQuery('.button_1iz').click(function(){ jQuery('.content_1iz').show('slow'); jQuery('.content_2iz').hide('slow'); jQuery('.content_3iz').hide('slow'); return false; }); jQuery('.button_2iz').click(function(){ jQuery('.content_1iz').show('slow'); jQuery('.content_2iz').show('slow'); jQuery('.content_3iz').hide('slow'); return false; }); jQuery('.button_3iz').click(function(){ jQuery('.content_1iz').show('slow'); jQuery('.content_2iz').hide('slow'); jQuery('.content_3iz').show('slow'); return false; }); }); </script> <br /><div class="content_1jz"><div class="separator" style="clear: both; text-align: center;"><a href="http://4.bp.blogspot.com/-BRlpaogtReY/Vox4eG0A8gI/AAAAAAAABTU/oR0tpbwEPig/s1600/faraday%2Bconcept%2Bcar.JPG" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="137" src="https://4.bp.blogspot.com/-BRlpaogtReY/Vox4eG0A8gI/AAAAAAAABTU/oR0tpbwEPig/s320/faraday%2Bconcept%2Bcar.JPG" width="320" /></a></div><h3><span style="background-color: red;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</span>Faraday's Futuristic Concept Car Only Has One Seat</h3><b></b><br /><ul><b><li>Talk about a flight of fancy. Faraday Future Inc., the electric vehicle startup backed by Chinese Internet billionaire Jia Yueting, showed a concept car that would probably struggle to gain mass acceptance even if produced.</li><li>For starters, the FFZero1 concept car, shown Monday for the first time in Las Vegas before the Consumer Electronics Show this week, has but one seat. The car’s space-age style white cockpit was inspired by NASA research and has oxygen and water fed to the driver’s helmet. If Faraday built this car, it would have the equivalent of 1,000 horsepower, not exactly what one drives to pick up the kids.</li></b></ul></div><div class="content_2jz" style="display: none;"><ul><li>While this won’t be the electric-drive car they build in 2017 to reach the masses, it is supposed to signal that Faraday takes a futuristic view and designs cars packed with connectivity and technology that are just as much a part of the sales pitch as style and transportation. The company didn’t elaborate on the production car that will first roll off the assembly line of its $1 billion factory north of Las Vegas in 2017.</li><li>"We’re a forward-thinking company focused on the future of mobility, but we also share a passion for driving and performance,” said Nick Sampson, senior vice president of research and product development for Faraday. “On our platform, electric vehicles will not only deliver on sustainability, but will be seamlessly connected and exhilarating to drive.”</li><li>Sampson said the first car Faraday produces will definitely be a premium-priced car and could be a sedan or a sport utility vehicle.</li><li>The black-and-silver race car that Faraday showed is purely a concept that shows the kind of styling that future models will wear, said Faraday chief designer Richard Kim. “It’s a serious statement and it showcases what Faraday Future is about,” Kim said.</li></ul></div><div class="content_3jz" style="display: none;"><ul><li>A smartphone is embedded into the steering wheel of the FFZero1 so the driver can access anything he needs on the Internet. Since the concept is designed with autonomous driving in mind, Faraday wants to give drivers images, data and anything else they want from the Web.</li><li>That would yield Faraday another source of revenue. The company is backed by Jia, who is the founder of Leshi Internet Information &amp; Technology, or Letv, which sells Internet-based movies and entertainment content and services. Faraday said the partnership with Letv will enable the automaker to sell Internet content to drivers.</li><li>Faraday promises a breakthrough in automaking as well. The FFZero1 is built on a large skateboard chassis that houses the battery, with an electric motor at each wheel. This allows Faraday to easily change the size and shape to make a one-seat hot rod like the FFZero1 or more mundane vehicles like a sedan or sport utility vehicle. Faraday will be able to build several different models at the same factory, the company said.</li><li>This isn’t the first time a company has toyed with a skateboard concept. Before its bankruptcy, General Motors Corp. had its Autonomy concept, a large skateboard that housed the hydrogen tanks and fuel-cell system for its futuristic models. That one never made it past the auto show circuit as cash-strapped GM went into bankruptcy in 2009.</li></ul></div><div style="font-weight: bold;">Read Full Text : <a class="button_1jz" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> <span style="color: red;">Back To Title</span></a><span style="color: red;"> </span><a class="button_2jz" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#" style="color: red;"> Read Full Text Part 1</a><span style="color: red;"> </span><a class="button_3jz" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#" style="color: red;"> Read Full Text Part 2</a></div><script src="https://ajax.googleapis.com/ajax/libs/jquery/1.5.1/jquery.min.js" type="text/javascript"> </script> <script> jQuery(document).ready(function(){ jQuery('.button_1jz').click(function(){ jQuery('.content_1jz').show('slow'); jQuery('.content_2jz').hide('slow'); jQuery('.content_3jz').hide('slow'); return false; }); jQuery('.button_2jz').click(function(){ jQuery('.content_1jz').show('slow'); jQuery('.content_2jz').show('slow'); jQuery('.content_3jz').hide('slow'); return false; }); jQuery('.button_3jz').click(function(){ jQuery('.content_1jz').show('slow'); jQuery('.content_2jz').hide('slow'); jQuery('.content_3jz').show('slow'); return false; }); }); </script></div></div>ZAT Cohttps://plus.google.com/109368630212859290585noreply@blogger.com0tag:blogger.com,1999:blog-3565408594758982642.post-91680491049590253992015-12-08T16:00:00.000+02:002016-01-25T16:24:28.273+02:00Digest : Yellen Signal Strong US Interest Rates To Increase In December (Weekly Digest 27 nov - 04 Dec 2015)<div dir="ltr" style="text-align: left;" trbidi="on"><h3 style="background-color: #eeeeee; text-align: center;"><b><span style="color: #bf9000;">The following is a summary of the major events that moved the market last week:</span></b></h3><div style="background-color: #eeeeee; text-align: center;"><b><span style="color: #bf9000;"><span style="color: black;"></span><span style="background-color: white;">by Tri Utomo AS</span></span></b></div><blockquote class="tr_bq" style="color: black;"><span style="color: #bf9000;">We need to look at the major events that moved the market last week in order to keep abreast of the rise or decline of key indicators in the forex calendar and have a view of the future.</span></blockquote><div style="background-color: #eeeeee; text-align: center;"><div style="background-color: #eeeeee; text-align: center;"><b><span style="color: #bf9000;"><span style="color: black;">How To&nbsp; Trade OnThe Right Track This Week</span></span></b></div></div><ul style="text-align: left;"><li><span style="color: #bf9000;">Draghi's decision is always dramatic, but not in the expected direction: the ECB is only making the minimum interest rate cuts, do perluasana QE minimal as well and no additional in monthly purchases. Although there is an option to do more and reinvest the results, but the ECB has failed in his estimates, sending EUR / USD rose over 400 pips higher. In the US, the labor market posted solid gains in November to add 211,000 jobs, cope with market forecasts. These positive numbers are preceded by an increase of 298,000 jobs in October, making way for a rise in interest rates this month. This release comes a day after the Federal Reserve Governor Janet Yellen stated that the conditions for the first interest rate increase has been met.</span></li></ul><div style="background-color: #eeeeee; text-align: center;"><b><span style="color: #bf9000;">Positive things that happened in the last week:</span></b></div><ol style="text-align: left;"><li><b><span style="color: #bf9000;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</span></b><span style="color: #bf9000;"><span style="color: black;"> Nonfarm payrolls came in at 211k, above the 190k expected; all systems are ready for liftoff.</span></span></li><li style="color: black;"><span style="color: #bf9000;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; PMI manufacturing index came in at 52.8, in line with expectations.</span></li><li style="color: black;"><span style="color: #bf9000;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Construction spending rose 1%, above the 0.6% expected rise.</span></li><li style="color: black;"><span style="color: #bf9000;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Unemployment came in at 5%, in line with expectations.</span></li><li style="color: black;"><span style="color: #bf9000;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Factory orders rose 1.5%, up from the 1% decline previously.</span></li><li style="color: black;"><span style="color: #bf9000;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; MBA mortgage applications purchase index rose 8% w/o/w and 30% y/o/y.</span></li><li style="color: black;"><span style="color: #bf9000;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; ADP employment report came in at 217k vs the 183k expected.</span></li><li style="color: black;"><span style="color: #bf9000;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Average hourly earnings rose 0.2%, in line with expectations.</span></li><li style="color: black;"><span style="color: #bf9000;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Initial jobless claims came in at 269k, lowering the 4-week moving avg to 269.25k.</span></li><li style="color: black;"><span style="color: #bf9000;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; PMI services index came in at 56.1, up from 54.8 previously.</span></li></ol><div style="background-color: #eeeeee; text-align: center;"><b><span style="color: #bf9000;"><br />Negative things that happened last week:</span></b></div><ol style="text-align: left;"><li><b><span style="color: #bf9000;">&nbsp;</span></b><span style="color: #bf9000;"><span style="color: black;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<span style="color: #bf9000;"> ISM manufacturing index falls to 48.6, the lowest reading since June 2009.</span></span></span></li><li style="color: black;"><span style="color: #bf9000;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Chicago PMI came in at 48.7, down from 56.2 previously and below expectations.</span></li><li style="color: black;"><span style="color: #bf9000;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pending home sales grew just 0.2%, below the 1% expected increase.</span></li><li style="color: black;"><span style="color: #bf9000;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; ISM no-manufacturing index fell to 55.9 from 59.1 and below the 58.2 expected. </span></li></ol><table style="height: 26px; width: 610px;"><tbody><tr class="calendar_row nogrid alt" data-eventid="58364"><td class="date" style="background-color: #eeeeee; color: red;"><b><span style="color: black;">November to 4 December 2015 Table</span> &nbsp; &nbsp; &nbsp;&nbsp; </b></td><td class="time" style="background-color: #eeeeee; color: red;"><br /></td><td class="currency" style="background-color: #eeeeee; color: red;"><br /></td><td class="impact" style="background-color: #eeeeee; color: red;"><br /></td><td class="event" style="background-color: #eeeeee; color: red;"><br /></td><td class="detail" style="background-color: #eeeeee; color: red;"><br /></td><td class="actual" style="background-color: #eeeeee; color: red;"><br /></td><td class="forecast" style="background-color: #eeeeee; color: red;"><br /></td><td class="previous" style="background-color: #eeeeee; color: red;"><br /></td></tr></tbody></table><div style="background-color: white; text-align: left;"></div><br /><table><tbody><tr class="calendar_row alt" data-eventid="55587"><td class="time" style="background-color: #eeeeee;"><b>DATE</b></td> <td class="currency" style="background-color: #eeeeee;"><b>High</b></td> <td class="impact" style="background-color: #eeeeee;"><b>Time</b></td> <td class="event" style="background-color: #eeeeee;"><b><br /></b></td> <td class="detail" style="background-color: #eeeeee;"><b>Low</b></td> <td class="actual" style="background-color: #eeeeee;"><b>Time</b></td> <td class="forecast" style="background-color: #eeeeee;"><b>Duration</b></td> <td class="previous" style="background-color: #eeeeee;"><b><br /></b></td> <td class="graph" style="background-color: #eeeeee;"><b>Total Vol</b></td> </tr><tr class="calendar_row alt" data-eventid="62834"> <td class="date" style="background-color: #eeeeee; color: #0b5394;"><b>05/11/2015</b></td> <td class="time" style="background-color: #eeeeee; color: #0b5394;"><b>1.08916</b></td> <td class="currency" style="background-color: #eeeeee; color: #0b5394;"><b>11:00</b></td> <td class="impact" style="background-color: #eeeeee; color: #0b5394;"><b><span class="high" title="High Impact Expected"></span></b></td> <td class="event" style="background-color: #eeeeee; color: #0b5394;"><b>1.08327</b></td> <td class="detail" style="background-color: #eeeeee; color: #0b5394;"><b>09:55</b></td> <td class="actual" style="background-color: #eeeeee; color: #0b5394;"><b>0:55</b></td> <td class="forecast" style="background-color: #eeeeee; color: #0b5394;"><b>New Record</b></td> <td class="previous" style="background-color: #eeeeee; color: #0b5394;"><b>10679</b></td> <td class="graph" style="background-color: #eeeeee;"><br /></td> </tr><tr class="calendar_row alt" data-eventid="58160"> <td class="date" style="background-color: #eeeeee; color: #0b5394;"><b>06/11/2015</b></td> <td class="time" style="background-color: #eeeeee; color: #0b5394;"><b>1.08799</b></td> <td class="currency" style="background-color: #eeeeee; color: #0b5394;"><b>15:00</b></td> <td class="impact" style="background-color: #eeeeee; color: #0b5394;"><b><span class="low" title="Low Impact Expected"></span></b></td> <td class="event" style="background-color: #eeeeee; color: #0b5394;"><b>1.07064</b></td> <td class="detail" style="background-color: #eeeeee; color: #0b5394;"><b>15:30</b></td> <td class="actual" style="background-color: #eeeeee; color: #0b5394;"><b>0:30</b></td> <td class="forecast" style="background-color: #eeeeee; color: #0b5394;"><b>Big Dawnfall</b></td> <td class="previous" style="background-color: #eeeeee; color: #0b5394;"><b>5142</b></td> <td class="graph" style="background-color: #eeeeee;"><br /></td> </tr><tr class="calendar_row alt" data-eventid="62832"> <td class="date" style="background-color: #eeeeee; color: red;"><b>02/12/2015</b></td> <td class="time" style="background-color: #eeeeee; color: red;"><b>1.06261</b></td> <td class="currency" style="background-color: #eeeeee; color: red;"><b>21:45</b></td> <td class="impact" style="background-color: #eeeeee; color: red;"><b><span class="medium" title="Medium Impact Expected"></span></b></td> <td class="event" style="background-color: #eeeeee; color: red;"><b>1.05499</b></td> <td class="detail" style="background-color: #eeeeee; color: red;"><b>19:25</b></td> <td class="actual" style="background-color: #eeeeee; color: red;"><b>2:20</b></td> <td class="forecast" style="background-color: #eeeeee; color: red;"><b>New Record</b></td> <td class="previous" style="background-color: #eeeeee; color: red;"><b>18535</b></td> <td class="graph" style="background-color: #eeeeee;"><br /></td> </tr><tr class="calendar_row alt" data-eventid="62838"> <td class="date" style="background-color: #eeeeee; color: red;"><b>03/12/2015</b></td> <td class="time" style="background-color: #eeeeee; color: red;"><b>1.09360</b></td> <td class="currency" style="background-color: #eeeeee; color: red;"><b>18:40</b></td> <td class="impact" style="background-color: #eeeeee; color: red;"><b><span class="high" title="High Impact Expected"></span></b></td> <td class="event" style="background-color: #eeeeee; color: red;"><b>1.04997</b></td> <td class="detail" style="background-color: #eeeeee; color: red;"><b>14:45</b></td> <td class="actual" style="background-color: #eeeeee; color: red;"><b>3:19</b></td> <td class="forecast" style="background-color: #eeeeee; color: red;"><b>Big Trap </b><b>(triple trap)</b></td> <td class="previous" style="background-color: #eeeeee; color: red;"><b>26194</b></td> <td class="graph" style="background-color: #eeeeee; color: red;"><b><br /></b></td> </tr><tr class="calendar_row nogrid alt" data-eventid="58364"> <td class="date" style="background-color: #eeeeee; color: red;"><b>04/12/2015</b></td> <td class="time" style="background-color: #eeeeee; color: red;"><b>1.09446</b></td> <td class="currency" style="background-color: #eeeeee; color: red;"><b>15:30</b></td> <td class="impact" style="background-color: #eeeeee; color: red;"><b><span class="low" title="Low Impact Expected"></span></b></td> <td class="event" style="background-color: #eeeeee; color: red;"><b>1.08624</b></td> <td class="detail" style="background-color: #eeeeee; color: red;"><b>15:35</b></td> <td class="actual" style="background-color: #eeeeee; color: red;"><b>0:05</b></td> <td class="forecast" style="background-color: #eeeeee; color: red;"><b>Quick Move/Kiling Pits</b></td> <td class="previous" style="background-color: #eeeeee; color: red;"><b>2922</b></td> <td class="graph" style="background-color: #eeeeee;"><br /></td></tr></tbody></table><div style="text-align: center;"><table style="height: 46px; width: 563px;"><tbody><tr class="calendar_row nogrid alt" data-eventid="58364"><td class="date" style="background-color: #eeeeee; color: red;"><b>04/12/2015</b></td><td class="time" style="background-color: #eeeeee; color: red;"><b>1.09526</b></td><td class="currency" style="background-color: #eeeeee; color: red;"><b>17:05</b></td><td class="impact" style="background-color: #eeeeee; color: red;"><b></b></td><td class="event" style="background-color: #eeeeee; color: red;"><b>1.08359</b></td><td class="detail" style="background-color: #eeeeee; color: red;"><b>19:30</b></td><td class="actual" style="background-color: #eeeeee; color: red;"><b>1:58&nbsp; </b></td><td class="forecast" style="background-color: #eeeeee; color: red;"><b>Big&nbsp; Downfall&nbsp; </b></td><td class="previous" style="background-color: #eeeeee; color: red;"><b>&nbsp; 34430&nbsp; </b></td></tr></tbody></table></div><div style="background-color: white;"><br /></div><div style="background-color: white;"><br /></div><span style="background-color: yellow;"><span style="background-color: red;">&nbsp;&nbsp; </span>BIG DOWNFALL&nbsp;</span><br /><span style="background-color: lime;"><span style="background-color: red;">&nbsp;&nbsp; </span>04/12/2015 </span><br /><a href="http://thenewstimeline.blogspot.com/2015/12/after-efforts-dollar-free-fall-at.html" target="_blank">After efforts Dollar Free Fall In Weekend</a>&nbsp; = <br /><a href="http://thenewstimeline.blogspot.com/2015/12/ism-non-manufacturing-pmi-us-its.html" target="_blank">ISM Non-Manufacturing PMI US Its Disappointing</a> = <br /><a href="http://thenewstimeline.blogspot.com/2015/12/preview-non-manufacturing-ism-index-us.html" target="_blank">Preview: Non-Manufacturing ISM Index US</a> = <br /><a href="http://thenewstimeline.blogspot.com/2015/12/the-feds-beige-book-report-slow.html" target="_blank">The Fed's Beige Book report: Slow Economic Growth in Most US</a> = <br /><a href="http://thenewstimeline.blogspot.com/2015/12/preview-non-farm-payrolls-nfp-as_7.html" target="_blank">Preview: Non Farm Payrolls (NFP) AS</a> = <br /><a href="http://thenewstimeline.blogspot.com/2015/12/some-things-that-look-ahead-of-us_7.html" target="_blank">Some Things That Look Ahead Release US Labor</a> =&nbsp; <br /><a href="http://thenewstimeline.blogspot.com/2015/12/euro-session-united-skyrocketed-defeat.html" target="_blank">Euro Session States Dollar By Skyrocketed Defeat ECB Decision</a>&nbsp; = <br /><a href="http://thenewstimeline.blogspot.com/2015/12/reference-interest-rate-fixed-however.html" target="_blank">Reference Interest Rate Fixed However ECB Deposit Facility Rate Negative</a> = <br /><a href="http://thenewstimeline.blogspot.com/2015/12/preview-ecb-policy-meeting-interest.html" target="_blank">Preview: ECB Policy Meeting-Decision Rate</a> = <br /><a href="http://thenewstimeline.blogspot.com/2015/12/european-stocks-move-positive-tuned-ecb.html" target="_blank">European Stocks Move Positive Stimulus Policy tuned ECB</a> =&nbsp; <br /><a href="http://thenewstimeline.blogspot.com/2015/12/retail-business-region-state-euro.html" target="_blank">Retail Business Region State Euro Medium Worrying</a>&nbsp; =&nbsp; <br /><br /><br /><span style="background-color: yellow;"><span style="background-color: red;">&nbsp;&nbsp; </span>Big Trap (triple trap)&nbsp;</span><br /><div style="background-color: #f3f3f3;">03/12/2015</div><a href="http://thenewstimeline.blogspot.com/2015/12/yellen-strong-signal-to-us-rate-hike-in.html" target="_blank">Yellen Signal Strong US Interest Rates To Increase In December</a>&nbsp; = <br /><a href="http://thenewstimeline.blogspot.com/2015/12/speech-janet-yellen-back-save-dollar_7.html" target="_blank">Speech Janet Yellen Back Save Dollar</a> = <br /><a href="http://thenewstimeline.blogspot.com/2015/12/preview-adp-employment-report-us_7.html" target="_blank">Preview: ADP Employment Report AS</a> =&nbsp; <br /><a href="http://thenewstimeline.blogspot.com/2015/12/wall-street-ends-negative-depressed-oil.html" target="_blank">Wall Street Ends Negative Distressed down Oil</a> = <br /><a href="http://thenewstimeline.blogspot.com/2015/12/gold-prices-eroded-strengthening-of-us_7.html" target="_blank">Gold prices eroded The strengthening of the US Interest Rate Prospects Increase</a> =&nbsp; <br /><a href="http://thenewstimeline.blogspot.com/2015/12/euro-european-session-december-2_7.html" target="_blank">Euro European Session December 2 Collapsing Again By Inflation Estimates data</a> = <br /><a href="http://thenewstimeline.blogspot.com/2015/12/the-super-weak-eur-recent-policy-ahead_7.html" target="_blank">Recent policy ahead of the ECB, Euro December 3 The Limp</a> =&nbsp; <br /><br /><br /><span style="background-color: yellow;"><span style="background-color: red;">&nbsp;&nbsp; </span>New Record </span><br /><div style="background-color: #f3f3f3;">02/12/2015</div><a href="http://thenewstimeline.blogspot.com/2015/12/dollar-recovers-back-and-ready-to-beat.html" target="_blank">Dollar Recovers Back And Ready To Beat Rival Today</a>&nbsp; = <br /><a href="http://thenewstimeline.blogspot.com/2015/12/gold-preview-statement-yellen-ecb.html" target="_blank">Gold Preview: Statement Yellen, ECB meeting and US NFP</a> = <br /><a href="http://thenewstimeline.blogspot.com/2015/12/crude-oil-prices-rise-amid-weakening.html" target="_blank">Crude Oil Prices Rise Amid Weakening Dollar and Markets The Lethargic</a> =&nbsp;&nbsp; <br /><a href="http://thenewstimeline.blogspot.com/2015/12/the-german-unemployment-down.html" target="_blank">The German unemployment Drastic Decline Steady Rebound Euro</a> = <br /><a href="http://thenewstimeline.blogspot.com/2015/12/unemployment-rate-declines-strengthens.html" target="_blank">Unemployment Rate Declines, Strengthens Economic Growth Trust German</a> =&nbsp; <br /><br /><div style="background-color: #f3f3f3;">01/12/2015</div><a href="http://thenewstimeline.blogspot.com/2015/12/us-dollar-daily-fundamental-early.html" target="_blank">US Dollar Daily Fundamental Early December</a>&nbsp; = <br /><a href="http://thenewstimeline.blogspot.com/2015/12/forex-outlook-calendar-this-week.html" target="_blank">Forex Outlook Calendar This Week</a> =&nbsp; <br /><a href="http://thenewstimeline.blogspot.com/2015/12/european-stocks-with-positive-moves-ecb.html" target="_blank">European Stocks Move Positive With Stimulus Hopes ECB</a> = <br /><a href="http://thenewstimeline.blogspot.com/2015/12/global-market-tuned-ecb-policy-and-us.html" target="_blank">Global market tuned ECB Policy and Data Labor</a> = <br /><a href="http://thenewstimeline.blogspot.com/2015/12/gold-and-silver-outlook-this-week.html" target="_blank">Gold and Silver Outlook This Week</a> =&nbsp; <br /><a href="http://thenewstimeline.blogspot.com/2015/12/forex-weekly-technical-analysis-this.html" target="_blank">Forex Weekly Technical Analysis This week</a> = <br /><a href="http://thenewstimeline.blogspot.com/2015/12/hindered-by-supply-crude-oil-prices.html" target="_blank">Hindered by Supply Crude Oil Prices OPEC and Iran Export</a> = <br /><a href="http://thenewstimeline.blogspot.com/2015/12/wall-street-closed-negative-hope.html" target="_blank">Wall Street Closed Negative, Hope Rebound In US Manufacturing data</a> =&nbsp; <br /><br /><br style="background-color: yellow;" /><div style="background-color: #f3f3f3;">27/11/2015</div><a href="http://thenewstimeline.blogspot.com/2015/12/momentum-dollar-rally-continue-black.html" target="_blank">Momentum Dollar Rally Continue Black Friday Weekend</a>&nbsp; = <br /><a href="http://thenewstimeline.blogspot.com/2015/12/us-consumers-more-cautious-in-shopping.html" target="_blank">US Consumers More Cautious In Shopping (Thanksgiving Day)</a> =&nbsp; <br /><a href="http://thenewstimeline.blogspot.com/2015/12/savings-amount-americans-increase.html" target="_blank">Increasing the amount of savings Americans Continue</a> = <br /><a href="http://thenewstimeline.blogspot.com/2015/12/us-durable-goods-orders-up-3-in-october.html" target="_blank">US Durable Goods Orders Up 3% in October</a> =&nbsp; <br /><a href="http://thenewstimeline.blogspot.com/2015/12/gold-prices-down-in-thin-trade.html" target="_blank">Gold Price Down</a>&nbsp; =<br /><a href="http://thenewstimeline.blogspot.com/2015/12/italian-retail-business-worst-months-in.html" target="_blank">Italian Retail Business Worst Months In 3 Months</a> =</div>ZAT Cohttps://plus.google.com/109368630212859290585noreply@blogger.com0tag:blogger.com,1999:blog-3565408594758982642.post-79935909698522523342015-11-30T10:40:00.000+02:002015-11-30T10:40:00.185+02:00DIGEST News November 2015 No8 : US Dollar Late November, Preparing to Enter New Records<div dir="ltr" style="text-align: left;" trbidi="on"><script src="https://ajax.googleapis.com/ajax/libs/jquery/1.5.1/jquery.min.js" type="text/javascript"> </script> <br /><div class="content_1az"><div style="text-align: left;"><span style="font-family: &quot;verdana&quot; , sans-serif; font-weight: normal;"></span><br style="font-family: Verdana,sans-serif; font-weight: normal;" /></div><ul style="text-align: left;"><a href="http://2.bp.blogspot.com/-1Ia2Met_J6s/Vlv-Pyy4O8I/AAAAAAAABP4/t0Dxf04Fb5w/s1600/mario%2Bdraghi%2B%2526%2Byellen.PNG" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" height="235" src="http://2.bp.blogspot.com/-1Ia2Met_J6s/Vlv-Pyy4O8I/AAAAAAAABP4/t0Dxf04Fb5w/s320/mario%2Bdraghi%2B%2526%2Byellen.PNG" width="320" /></a><li><span style="font-family: &quot;verdana&quot; , sans-serif; font-weight: normal;">The dollar again managed to lure the global market so that the movement of the exchange rate of the US currency ended the trading last week with rall and returned to win the forex market on a weekly basis for the second straight time. More fundamentally strong currency against major currencies brought back to a bullish start trading the Asian session today (30/11).&nbsp; </span></li><li><span style="font-family: &quot;verdana&quot; , sans-serif; font-weight: normal;">For the movement of the exchange rate on a monthly basis, the movement today will further strengthen to continue strengthening the monthly price for the third consecutive month in November.</span></li></ul><ul style="text-align: left;"><li><span style="font-family: &quot;verdana&quot; , sans-serif; font-weight: normal;">Sentiment plans Fed rate hike later this year further explain the strongest position which today is estimated dollar touched a new record high after last March touched position 100.32&nbsp; Against major currencies in the spot market this morning looks still superior except against the Aussie and Yen exchange rate even in a limited volume. </span></li><li><span style="font-family: &quot;verdana&quot; , sans-serif; font-weight: normal;">Dollar exchange rate today will again receive positive sentiment from the US housing sector data, where the data release data show an increased potential for new home sales data.</span></li><li><span style="font-family: &quot;verdana&quot; , sans-serif; font-weight: normal;">Monitor the strength of the US dollar exchange rate against other currencies on the US dollar index today (01:00:40 GMT) rolling in the range 100.20, up from 100.11 opening at 0000 GMT. Technically, Analyst ZATco Resarch Center see the movement of the US dollar index is based on the high price and low at 99.64 100.20 earlier today, the index is expected to have a resistance in the range of 100.52 and 100.29, while immediate support in the range of 99.73 and 99.40. </span></li></ul><h3>The Failed Hollande, unemployment in France Most Throughout History</h3><b>The number of unemployed is the highest in the history of unemployment is recorded that in 1996, which at that time unemployment was recorded at 3.1714 million people. This condition is increasingly worsen the image of President Francois Hollande is considered increasingly failing to fulfill its promise to reduce the unemployment rate in the country. </b> </div><div class="content_2az" style="display: none;"><ul><li>Number of registered jobseekers in France surged in October, reversing the decline in September and it also creates a record of the highest unemployment in the country since 1996. These data are consistent with reports of labor statistics institute French-Dares on Friday (27 / 11)</li><li>From the report noted, the number of category A job seekers who are registered job seekers who are fully unemployed gaining 42,000 people in October from September, which reached 3.5898 million people. This number increased from 1.2% on a monthly basis and 3.7% on an annual basis.</li></ul></div><div class="content_3az" style="display: none;"><ul>Unemployed Persons <li>The number of unemployed is the highest in the history of unemployment is recorded that in 1996, which at that time unemployment was recorded at 3.1714 million people. This condition is increasingly worsen the image of President Francois Hollande is considered increasingly failing to fulfill its promise to reduce the unemployment rate in the country.</li><li>Besides increasing the number of unemployed in the country that had just experienced terrorist problem raises doubts over the strength of economic recovery in the second largest economy of the euro zone. President Hollande also promised not advance to the next election if they failed to bring down unemployment.</li><b>support by ZATco &amp; 20News</b> </ul></div><div style="font-weight: bold;">Read Full Text :<span style="color: red;"> </span><a class="button_1az" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#" style="color: red;"> Back To Title</a><span style="color: red;"> </span><a class="button_2az" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#" style="color: red;"> Read Full Text Part 1</a><span style="color: red;"> </span><a class="button_3az" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#" style="color: red;"> Read Full Text Part 2</a></div><script src="https://ajax.googleapis.com/ajax/libs/jquery/1.5.1/jquery.min.js" type="text/javascript"> </script> <script> jQuery(document).ready(function(){ jQuery('.button_1az').click(function(){ jQuery('.content_1az').show('slow'); jQuery('.content_2az').hide('slow'); jQuery('.content_3az').hide('slow'); return false; }); jQuery('.button_2az').click(function(){ jQuery('.content_1az').show('slow'); jQuery('.content_2az').show('slow'); jQuery('.content_3az').hide('slow'); return false; }); jQuery('.button_3az').click(function(){ jQuery('.content_1az').show('slow'); jQuery('.content_2az').hide('slow'); jQuery('.content_3az').show('slow'); return false; }); }); </script> <script src="https://ajax.googleapis.com/ajax/libs/jquery/1.5.1/jquery.min.js" type="text/javascript"> </script> <br /><div class="content_1bz"><h3>Before the Terror in France, Excitement Shopping Already Slump</h3><b>Decline in domestic household spending triggered by the fall fashion new car shopping up to down 3.4 percent and also shopping electronic products 1.1 percent. Meanwhile shopping fashion and leather products fell 1 percent. </b> </div><div class="content_2bz" style="display: none;"><ul><li>French country recently hit by a great fear of the country after the terrorist attacks that killed hundreds of people. The terrorist attack was the worst attack suffered the second largest country in the Euro area. Because of this attack also makes the shopping spirit in the country of destination shopping luxury goods world slump.</li><li>But it turns out a month before the event the country's shopping spirit in which the index has been declining household spending data shows France experienced a contraction of data from 7-month rise. In the monthly expenditure of French people has reduced the impact of the economic downturn experienced by the country. </li></ul></div><div class="content_3bz" style="display: none;"><ul>France Household Consumption <li>French household spending fell for the first time in seven months in October, according to the statistics office Insee showed down 0.7 percent on a monthly basis, in contrast with the 0.1 percent increase seen in September. </li><li>Decline in domestic household spending triggered by the fall fashion new car shopping up to down 3.4 percent and also shopping electronic products 1.1 percent. Meanwhile shopping fashion and leather products fell 1 percent. </li><li>Triggers decline in interest expenditure also fueled the rise in domestic inflation in October after two months earlier infalsi at position 0 percent. French inflation in October increased 0.1 percent on an annual basis.</li><b>support by ZATco &amp; 20News</b> </ul></div><div style="font-weight: bold;">Read Full Text : <a class="button_1bz" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> <span style="color: red;">Back To Title</span></a><span style="color: red;"> </span><a class="button_2bz" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#" style="color: red;"> Read Full Text Part 1</a><span style="color: red;"> </span><a class="button_3bz" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#" style="color: red;"> Read Full Text Part 2</a></div><script src="https://ajax.googleapis.com/ajax/libs/jquery/1.5.1/jquery.min.js" type="text/javascript"> </script> <script> jQuery(document).ready(function(){ jQuery('.button_1bz').click(function(){ jQuery('.content_1bz').show('slow'); jQuery('.content_2bz').hide('slow'); jQuery('.content_3bz').hide('slow'); return false; }); jQuery('.button_2bz').click(function(){ jQuery('.content_1bz').show('slow'); jQuery('.content_2bz').show('slow'); jQuery('.content_3bz').hide('slow'); return false; }); jQuery('.button_3bz').click(function(){ jQuery('.content_1bz').show('slow'); jQuery('.content_2bz').hide('slow'); jQuery('.content_3bz').show('slow'); return false; }); }); </script> <script src="https://ajax.googleapis.com/ajax/libs/jquery/1.5.1/jquery.min.js" type="text/javascript"> </script> <br /><div class="content_1cz"><h3>Hong Kong Exchanges initial Moving Negative Sentiment Negative Exposure to China</h3><b>At the opening of the Hong Kong stock exchange trading early in the week on Friday (30/11), the Hang Seng index opened negative, when it was observed down -45.40 points, or -0.21 per cent, at 22,022.92. The weakening of the Hang Seng index followed the negative sentiment weakening of the Chinese yuan currency and the decline in oil prices weighed on stocks of petroleum. </b> </div><div class="content_2cz" style="display: none;"><ul><li> Meanwhile, the yuan reached a three-month low ahead of the next meeting of the International Monetary Fund on the inclusion of the yuan in special drawing rights in its currency basket. &lt;/ li&gt; </li><li> Bank Rakyat Tionkok sets yuan mid-price at 6.3962 on Monday, 47 points weaker on Friday. Trader is allowed to trade up to 2 percent on either side of the middle price. &lt;/ Li&gt; </li><li> Yuan traded at 6.3927 ground against the US dollar, after hitting 6.3974, the lowest level since August 27 was 6.4043. &lt;/ li&gt; </li><li> offshore yuan trading at 6.4405, after also hitting a three-month low at 6.4591 earlier in the day. &lt;/ li&gt; </li></ul></div><div class="content_3cz" style="display: none;"><ul><li> As for stocks that become ballast Hang Seng is the share Tingyi Cayman Islands Holding Corp which fell -2.46%, shares of Ping An Insurance Group Co. of China Ltd. fell -2.08%, shares of China Petroleum &amp; Chemical Corp. down -1.89%, shares of China Life Insurance Co. Ltd. fell -1.83%, shares of Bank of East Asia Ltd / The down 1.8%. &lt;/ li&gt; </li><li> While the movement of the Hang Seng index futures this morning observed a weakening of -47 points, or -0.21% at 21,952.00, down from the previous closing at 21,999.00. &lt;/ li&gt; </li><li> ZATco Analyst Research Center estimates that the movement of the Hang Seng Index today will move to respond to the negative sentiment weakened limited economic conditions of China. Index is expected to move in the range of 21665-21370 Support and Resistance range 22275-22588. &lt;/ Li&gt; <b>support by ZATco &amp; 20News</b> </li></ul></div><div style="font-weight: bold;">Read Full Text : <a class="button_1cz" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> <span style="color: red;">Back To Title</span></a><span style="color: red;"> </span><a class="button_2cz" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#" style="color: red;"> Read Full Text Part 1</a><span style="color: red;"> </span><a class="button_3cz" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#" style="color: red;"> Read Full Text Part 2</a></div><script src="https://ajax.googleapis.com/ajax/libs/jquery/1.5.1/jquery.min.js" type="text/javascript"> </script> <script> jQuery(document).ready(function(){ jQuery('.button_1cz').click(function(){ jQuery('.content_1cz').show('slow'); jQuery('.content_2cz').hide('slow'); jQuery('.content_3cz').hide('slow'); return false; }); jQuery('.button_2cz').click(function(){ jQuery('.content_1cz').show('slow'); jQuery('.content_2cz').show('slow'); jQuery('.content_3cz').hide('slow'); return false; }); jQuery('.button_3cz').click(function(){ jQuery('.content_1cz').show('slow'); jQuery('.content_2cz').hide('slow'); jQuery('.content_3cz').show('slow'); return false; }); }); </script> <script src="https://ajax.googleapis.com/ajax/libs/jquery/1.5.1/jquery.min.js" type="text/javascript"> </script> <br /><div class="content_1dz"><h3>Chinese exchanges Moving Negative With Securities Company Investigation Process</h3><b> Started trading Chinese stocks earlier in the week on Monday (30/11), the Shanghai index had a positive opening this morning, but when it was observed a negative turn down -44.55 points, or -1.30 percent, at 3391.75. The weakening of the Chinese exchange as investor concerns over the investigations being carried out against the Chinese regulator of securities firms. </b> </div><div class="content_2dz" style="display: none;"><ul><li>Last week, the China Securities Regulatory Commission to formally investigate at the securities firm action to get rid of short selling and speculation. </li><li>Securities companies traded in the red zone. Citic Securities shares fell 2.18 percent while shares of Founder Securities and China Merchants trimmed down 0.11 percent and 2.37 percent. Shares of Haitong Securities, which are not traded on Friday, fell 9.93 percent. </li><li>While it shares all the Chinese banks traded in positive territory, boosted by news of the entry of the possibility of the yuan currency into Special Drawing Rights (SDRs) by the International Monetary Fund (IMF). This would make the yuan as a reserve currency officially recognized. </li></ul></div><div class="content_3dz" style="display: none;"><ul><li>ICBC, Agricultural Bank, Bank of China, CCB, and Bank of Commerce rose between 0.48 and 1.27 percent.</li><li>While the Shenzhen Composite Index fell 0.5 percent; ChiNext tech-heavy index down 0.4 percent; and the blue chip index CSI 300 fell 0.5 percent. </li><li>For further trade, there is still no indicator data that will be released, but worth noting China's own domestic economic conditions also the movement of global markets and commodities. </li><li>Analyst ZATco Research Center estimates that the Shanghai index is still likely to weaken limited moves to respond to the concerns of investors to the investigation of the company's securities regulator. </li><li>The index will try to move in the range 3369-3308 Support through the level and if the price rose will try to penetrate the resistance level at 3512 to 3593.</li><b>support by ZATco &amp; 20News</b> </ul></div><div style="font-weight: bold;">Read Full Text :<span style="color: red;"> </span><a class="button_1dz" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#" style="color: red;"> Back To Title</a><span style="color: red;"> </span><a class="button_2dz" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#" style="color: red;"> Read Full Text Part 1</a><span style="color: red;"> </span><a class="button_3dz" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#" style="color: red;"> Read Full Text Part 2</a></div><script src="https://ajax.googleapis.com/ajax/libs/jquery/1.5.1/jquery.min.js" type="text/javascript"> </script> <script> jQuery(document).ready(function(){ jQuery('.button_1dz').click(function(){ jQuery('.content_1dz').show('slow'); jQuery('.content_2dz').hide('slow'); jQuery('.content_3dz').hide('slow'); return false; }); jQuery('.button_2dz').click(function(){ jQuery('.content_1dz').show('slow'); jQuery('.content_2dz').show('slow'); jQuery('.content_3dz').hide('slow'); return false; }); jQuery('.button_3dz').click(function(){ jQuery('.content_1dz').show('slow'); jQuery('.content_2dz').hide('slow'); jQuery('.content_3dz').show('slow'); return false; }); }); </script> <br /><div class="content_1ez"><h3>Dollar strength Withstand Commodity Prices</h3><b>Begin trading today, we report the first movement of the US stock market ended mixed last weekend effect of the decline in Disney stock and oil prices, while markets in the Thanksgiving Day holiday on Friday. </b> </div><div class="content_2ez" style="display: none;"><ul><li>Dow Jones down 0.08% to 17798.49 influenced by the weakening of the stock Walt Disney, SP500 up 0.06% to 2090.11 encouraged the strengthening of the telecommunication sector and material stocks as well as the Nasdaq rose 0.22% to 5127.52. </li><li>Asian stock market trading this morning, opened declining influence of the plan the Fed will raise interest rates in December and weakening the influence of China's stock markets end pekanlalu. </li><li>Nikkei fell 0.29% to 19827.94 effect of weakening the stock Sony, Canon and Mitsubishi Electric, the ASX 200 fell 0.29% to 5188 driven by strength in the stock miner Mount Gibson, Westpac and National Australia Bank, as well as the Kospi fell 1.07 to 2007.33 effect of weakening the stock electronics giant Samsung, LG Electronics, LG Display and steel producer Posco. </li></ul></div><div class="content_3ez" style="display: none;"><ul><li>Of the commodities market, the price of gold on Friday trading decreased almost 2% six-year low of 1.2% to 1052.46 dollars per troy ounce decline in the influence of Wall Street and the projected increase in the federal funds rate in December. </li><li>Medium WTI crude oil price at Friday's close yesterday weakened sharply by 3.09% at 41.71 dollars per barrel position influence the US dollar index is at a high level of eight months and the influence her off Wall Street last weekend. </li><li>Of the foreign exchange market, the strengthening of the US dollar against other major currencies last week, EURUSD fell 0.16% to a level of 1.05915, the GBPUSD down 0.46% to a level of 1.50306, USDJPY rose 0.15% to a level of 122.739. </li><li>Of the Indonesian capital market, at the close of trading last Friday JCI penurunansebesar 0.8% to a level of 4560.56. JCI weakening the effect of weakening the weekend China's stock markets and sluggish US stock market trading give negative sentiment. Today JCI is expected to be in the range of support 4505-4533 and 4597-4635 Resistance range. Stocks that are interesting to observe today: BBNI, ICBP, LPKR &amp; UNVR.</li><b>support by ZATco &amp; 20News</b> </ul></div><div style="font-weight: bold;">Read Full Text : <a class="button_1ez" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> <span style="color: red;">Back To Title</span></a><span style="color: red;"> </span><a class="button_2ez" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#" style="color: red;"> Read Full Text Part 1</a><span style="color: red;"> </span><a class="button_3ez" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#" style="color: red;"> Read Full Text Part 2</a></div><script src="https://ajax.googleapis.com/ajax/libs/jquery/1.5.1/jquery.min.js" type="text/javascript"> </script> <script> jQuery(document).ready(function(){ jQuery('.button_1ez').click(function(){ jQuery('.content_1ez').show('slow'); jQuery('.content_2ez').hide('slow'); jQuery('.content_3ez').hide('slow'); return false; }); jQuery('.button_2ez').click(function(){ jQuery('.content_1ez').show('slow'); jQuery('.content_2ez').show('slow'); jQuery('.content_3ez').hide('slow'); return false; }); jQuery('.button_3ez').click(function(){ jQuery('.content_1ez').show('slow'); jQuery('.content_2ez').hide('slow'); jQuery('.content_3ez').show('slow'); return false; }); }); </script> <br /><div class="content_1fz"><h3>Crude Oil Prices Decline Sharply Depressed Strengthening US Dollar </h3><b></b><br /><ul><b><li>Crude oil prices in the Asian trading session early Saturday (28/11) had fallen sharply, pressured the dollar index rise to the highest position of 8 months, increased the pressure of oversupply the preceding, making the market continues in a bearish trend.</li><li>Strengthening of the US dollar, making oil more expensive for holders of other currencies, adding to the negative sentiment that began the previous day with the Chinese economic data were disappointing.</li></b></ul></div><div class="content_2fz" style="display: none;"><ul><li>WTI oil futures prices for December contract closed down $ 1.33, or 3.09 percent to 41.71 dollars per barrel. US crude oil futures trading also fell because of holidays in this country.</li><li>Meanwhile, the price of Brent oil futures fell 59 cents to 44.87 dollars per barrel, after settling 71 cents to 45.46 dollars per barrel in the previous session. Oil prices reached the lowest point of 44.80 dollars per barrel earlier in the session.</li><li>On Friday, officials with the Organization of Petroleum Exporting Countries (OPEC) questioned the optimistic estimates from researchers, with some skeptical there will be a rapid easing associated oversupply in 2016. The group is scheduled to hold an annual policy meeting on 4 December.</li></ul></div><div class="content_3fz" style="display: none;"><ul><li>Earlier in the day, the Chinese stock market plunged more than 5 percent, hit by fears of regulatory and industry sector profits decline. Indications of economic worries in the world's biggest energy consuming nation usually hit the oil price, especially considering the global surplus that disrupt physical oil.</li><li>Most market analysts expect OPEC announced plans to not cut production next week despite the financial strain.</li><li>Analyst ZATco Research Center predicted oil prices will potentially be a natural pressure with sentiment excess world oil supplies. The price of oil will be moved through a range of 40.00 to 38.00 Support, if prices turn higher will try to penetrate the resistance range of 44.00 to 46.00.</li><b>support by ZATco &amp; 20News</b> </ul></div><div style="font-weight: bold;">Read Full Text :<span style="color: red;"> </span><a class="button_1fz" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#" style="color: red;"> Back To Title</a><span style="color: red;"> </span><a class="button_2fz" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#" style="color: red;"> Read Full Text Part 1</a><span style="color: red;"> </span><a class="button_3fz" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#" style="color: red;"> Read Full Text Part 2</a></div><script src="https://ajax.googleapis.com/ajax/libs/jquery/1.5.1/jquery.min.js" type="text/javascript"> </script> <script> jQuery(document).ready(function(){ jQuery('.button_1fz').click(function(){ jQuery('.content_1fz').show('slow'); jQuery('.content_2fz').hide('slow'); jQuery('.content_3fz').hide('slow'); return false; }); jQuery('.button_2fz').click(function(){ jQuery('.content_1fz').show('slow'); jQuery('.content_2fz').show('slow'); jQuery('.content_3fz').hide('slow'); return false; }); jQuery('.button_3fz').click(function(){ jQuery('.content_1fz').show('slow'); jQuery('.content_2fz').hide('slow'); jQuery('.content_3fz').show('slow'); return false; }); }); </script> <br /><div class="content_1gz"><h3>Recession Weight the people of Japan, Monthly Spending Less</h3><b>In a statement also said that the government will maintain the target of halving the primary budget deficit for fiscal year 2015 as a source of extra budget for economic stimulus. </b> </div><div class="content_2gz" style="display: none;"><ul><li>The Government of Japan today announced khabar bad for economic conditions that had just experienced a recession in the third quarter. The bad news was announced by the Ministry of Internal Affairs and Communications of Japan reported Japan's core inflation fell in October for the third consecutive month and household spending slumped participate as well. </li><li>The average household spending in Japan posted a decline of 2.4 percent (yoy) in October last, the continued contraction of 0.4 percent (yoy) in the previous month. The average monthly income per household in the last month amounted to ¥ 415,467, down 1.6 percent (yoy), while the average consumption expenditure per household is ¥ 298,733, down 1.7 percent (yoy).</li></ul></div><div class="content_3gz" style="display: none;"><ul>Japan Household Spending <li>Responding to the above report, Economy Minister Akira Amari said that the unexpected drop in household spending in October shows that consumers still lack confidence in the economy of this nation, as quoted by Reuters.</li><li>In a statement also said that the government will maintain the target of halving the primary budget deficit for fiscal year 2015 as a source of extra budget for economic stimulus.</li><li>Economic recessions in cherry country gives a burden for people, until the month of their monthly expenditure reduced.</li><b>support by ZATco &amp; 20News</b> </ul></div><div style="font-weight: bold;">Read Full Text : <span style="color: red;"> </span><a class="button_1gz" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#" style="color: red;"> Back To Title</a><span style="color: red;"> </span><a class="button_2gz" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#" style="color: red;"> Read Full Text Part 1</a><span style="color: red;"> </span><a class="button_3gz" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#" style="color: red;"> Read Full Text Part 2</a></div><script src="https://ajax.googleapis.com/ajax/libs/jquery/1.5.1/jquery.min.js" type="text/javascript"> </script> <script> jQuery(document).ready(function(){ jQuery('.button_1gz').click(function(){ jQuery('.content_1gz').show('slow'); jQuery('.content_2gz').hide('slow'); jQuery('.content_3gz').hide('slow'); return false; }); jQuery('.button_2gz').click(function(){ jQuery('.content_1gz').show('slow'); jQuery('.content_2gz').show('slow'); jQuery('.content_3gz').hide('slow'); return false; }); jQuery('.button_3gz').click(function(){ jQuery('.content_1gz').show('slow'); jQuery('.content_2gz').hide('slow'); jQuery('.content_3gz').show('slow'); return false; }); }); </script> <br /><div class="content_1hz"><h3>Dollar strength undermines Rupiah week, Translucent 13800</h3><b>Ending the forex trading this week successfully strengthened the rupiah exchange rate on a daily basis as well as on a weekly basis which fell more than one percent. Today Rupiah weakened against the dollar ignored the positive sentiment on the stock market by the influx of foreign funds hundreds of billions. </b> </div><div class="content_2hz" style="display: none;"><ul><li>More the number of shares by buying foreign exchange to the second session ends moving around the net buy Rp229,8 billion but JCI closed lower Friday afternoon from the previous trading. JCI weekend ended in the red with a decline of 0.8 percent in 4561 after the beginning of trading positions opened 4559.</li><li>The movement of the US dollar itself on the spot market is still showing strength against major currencies except the yen after the beginning of trade had shown a weaker position than before. Dollar strength is what keeps pressing the rupiah exchange rate also weakened 1.1 percent on a weekly basis from the previous week.</li></ul></div><div class="content_3hz" style="display: none;"><ul><li>Today the rupiah weakened 0.43% to the position of Rp13.801 / US $ from the end of the previous trading in the spot market after opening at position 13739 / US $ morning. Thus Jisdor predefined BI rate today rose from the previous trading becomes 13747 of 13733 Thursday (26/11). Likewise based BI transaction rate for interbank transactions today, the rupiah strengthened pegged Rp13,816 / US $ for selling and Rp13,678 / US $ exchange rate and purchase.</li><li>Analyst ZATco Research Center estimates that the movement of the rupiah against the US dollar in early trading last week by the prospect of potentially weakening dollar strength this weekend.</li><b>support by ZATco &amp; 20News</b> </ul></div><div style="font-weight: bold;">Read Full Text :<span style="color: red;"> </span><a class="button_1hz" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#" style="color: red;"> Back To Title</a><span style="color: red;"> </span><a class="button_2hz" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#" style="color: red;"> Read Full Text Part 1</a><span style="color: red;"> </span><a class="button_3hz" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#" style="color: red;"> Read Full Text Part 2</a></div><script src="https://ajax.googleapis.com/ajax/libs/jquery/1.5.1/jquery.min.js" type="text/javascript"> </script> <script> jQuery(document).ready(function(){ jQuery('.button_1hz').click(function(){ jQuery('.content_1hz').show('slow'); jQuery('.content_2hz').hide('slow'); jQuery('.content_3hz').hide('slow'); return false; }); jQuery('.button_2hz').click(function(){ jQuery('.content_1hz').show('slow'); jQuery('.content_2hz').show('slow'); jQuery('.content_3hz').hide('slow'); return false; }); jQuery('.button_3hz').click(function(){ jQuery('.content_1hz').show('slow'); jQuery('.content_2hz').hide('slow'); jQuery('.content_3hz').show('slow'); return false; }); }); </script> <br /><div class="content_1iz"><h3>The $30 Oil Cliff Threatening Russia's Economy</h3><b></b><br /><ul><b><li>Crude prices at that level will push the economy to depths that would threaten the nation’s financial system, according to 63 percent of respondents in survey. Lower prices for the fuel are next year’s biggest risk for Russia, which is unprepared to ride out another shock on the oil market, most economists said. Other dangers for 2016 include geopolitics, strains in the banking industry and the ruble, according to the poll of 27 analysts.</li><li>“If oil prices fall lower and stay at that low level for longer, risks of fiscal and financial destabilization increase significantly,” Sergey Narkevich, an analyst at PAO Promsvyazbank in Moscow, said by e-mail.</li><li>Russia, which has adjusted to the worst commodities slump in a generation with spending cutbacks and a weaker ruble, may be hard-pressed for policy answers if the slump in oil prices deepens after a drop of 37 percent in the past year. While Brent, the European benchmark, is trading around $45 a barrel, a warmer-than-average winter could weaken heating-fuel demand enough to trigger a decline in the price of crude to $20, analysts at Goldman Sachs Group Inc. said in a note Nov. 18.</li></b></ul><b></b> </div><div class="content_2iz" style="display: none;"><ul><b>by andre T &amp; Olga T</b><li>For Russia, $30 is the number to watch.</li>OPEC Persistence <li>Oil has dropped as U.S. inventories climbed to near a record and the Organization of Petroleum Exporting Countries produced above its quota. OPEC, which meets to discuss policy Dec. 4 in Vienna, is set to stick with its strategy of defending market share by maintaining output and driving down higher-cost production elsewhere, according to all 30 analysts and traders in a separate survey.</li><li>Low or lower oil prices remain “the key risk for the Russian economy, despite adaptation to the shock during 2015,” said Andreas Schwabe, an economist at Raiffeisen Bank International AG in Vienna. “From that risk, an even weaker ruble and new waves of high inflation and budget problems derive.”</li><li>Further complicating the outlook are geopolitical tensions that followed the downing of a Russian warplane by Turkey in Syria last week and pushed investors to sell Russian assets. In addition to events in the Middle East, Russia also has to contend with international sanctions over the conflict in Ukraine.</li>Whither Sanctions <li>A diplomatic thaw between Russia and its Cold War-era foes in the aftermath of terrorist attacks in Paris and Egypt has stoked optimism that the improved relations will help remove the punitive measures.</li><li>Russia may get that boost in the next 12 months, with 56 percent of economists saying the European Union will ease its penalties during the period, up from 34 percent the last time the question was asked in August. Twenty percent predict the U.S. will begin relaxing its restrictions in the next calendar year, compared with 3 percent three months ago.</li><li>EU countries will probably extend sanctions for another six months at the end of January despite improved cooperation in Syria, according to three European diplomats. The bloc’s 28 leaders are set to discuss the issue at a Dec. 17-18 summit.</li></ul></div><div class="content_3iz" style="display: none;"><ul><b>by andre T &amp; Olga T</b><li>“Only without sanctions will the Russian economy return to GDP growth,” said Wolf-Fabian Hungerland, an economist at Berenberg Bank in Hamburg, Germany. Despite “a unique chance for a thaw between Russia and the West,” there’s “a substantial risk that this chance is not taken, implying prolonged sanctions.”</li>Ruble, Economy <li>The adjustment to the new economic reality was helped by swift changes in the exchange rate, Bank of Russia First Deputy Governor Ksenia Yudaeva said in Moscow Friday. The ruble is down almost 32 percent against the dollar since the central bank shifted to a free-floating regime in November 2014. That’s the third-worst performance among its emerging-market peers after Brazil’s real and Colombia’s peso.</li><li>A renewed bout of ruble weakness last summer forced policy makers to pause monetary easing in September and October after five consecutive interest-rate cuts brought their benchmark to 11 percent. Even as high borrowing costs choke investment, Governor Elvira Nabiullina in November left open the possibility of keeping rates on hold until March. $30 Oil?</li><li>Russia has learned to live with oil near $40 and only a decline to $30 a barrel can provoke another deterioration, which isn’t the most likely scenario, Deputy Finance Minister Maxim Oreshkin said Nov. 25. The central bank estimates that in a stress-case scenario, with crude below $40 in 2016-2018, the economy will contract 5 percent or more next year and price growth may be at 7 percent to 9 percent. That would also raise risks to inflation and financial stability, according to the Bank of Russia.</li><li>GDP will contract 3.9 percent to 4.4 percent this year and may shrink as much as 1 percent next year if oil stays at $50 a barrel, the central bank forecasts.</li><li>“The second leg down in oil prices and likely further capital outflows will add more pressures to Russia’s ailing economy,” said Nerijus Maciulis, chief economist at Swedbank AB in Vilnius, Lithuania. “The next wound will open up on banks’ balance sheets -- non-performing loans are set to rise much further and will further drain public funds.”</li><b>support by ZATco &amp; 20News</b> </ul></div><div style="font-weight: bold;">Read Full Text : <a class="button_1iz" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> <span style="color: red;">Back To Title</span></a><span style="color: red;"> </span><a class="button_2iz" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#" style="color: red;"> Read Full Text Part 1</a><span style="color: red;"> </span><a class="button_3iz" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#" style="color: red;"> Read Full Text Part 2</a></div><script src="https://ajax.googleapis.com/ajax/libs/jquery/1.5.1/jquery.min.js" type="text/javascript"> </script> <script> jQuery(document).ready(function(){ jQuery('.button_1iz').click(function(){ jQuery('.content_1iz').show('slow'); jQuery('.content_2iz').hide('slow'); jQuery('.content_3iz').hide('slow'); return false; }); jQuery('.button_2iz').click(function(){ jQuery('.content_1iz').show('slow'); jQuery('.content_2iz').show('slow'); jQuery('.content_3iz').hide('slow'); return false; }); jQuery('.button_3iz').click(function(){ jQuery('.content_1iz').show('slow'); jQuery('.content_2iz').hide('slow'); jQuery('.content_3iz').show('slow'); return false; }); }); </script> </div>ZAT Cohttps://plus.google.com/109368630212859290585noreply@blogger.com0tag:blogger.com,1999:blog-3565408594758982642.post-46424280424976159102015-11-24T08:33:00.000+02:002016-04-30T13:17:42.594+03:00TODAY NEWS : US Interest Rate Increase Optimism The Dollar Strengthens<div dir="ltr" style="text-align: left;" trbidi="on"><script src="https://ajax.googleapis.com/ajax/libs/jquery/1.5.1/jquery.min.js" type="text/javascript"> </script> <br /><div class="content_1ktodaynews"><div style="text-align: left;"><span style="font-family: &quot;verdana&quot; , sans-serif; font-weight: normal;">&nbsp;<b><span style="background-color: #fff2cc;">Draghi: ECB Immediately Increase Inflation </span></b></span></div><div class="separator" style="clear: both; text-align: center;"><b><a href="http://1.bp.blogspot.com/-2-OcuufClI8/VlQEg0oQzVI/AAAAAAAABNM/HzdD5wBYFXw/s1600/mario%2Bdraghi%2B3.PNG" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" src="https://1.bp.blogspot.com/-2-OcuufClI8/VlQEg0oQzVI/AAAAAAAABNM/HzdD5wBYFXw/s1600/mario%2Bdraghi%2B3.PNG" /></a></b></div><br /><div style="text-align: left;"><br style="font-family: Verdana,sans-serif; font-weight: normal;" /></div><ul style="text-align: left;"><li><span style="font-family: &quot;verdana&quot; , sans-serif; font-weight: normal;">European Central Bank President, Mario Draghi said it would provide further stimulus within two weeks. </span></li><li><br style="font-family: Verdana,sans-serif; font-weight: normal;" /><span style="font-family: &quot;verdana&quot; , sans-serif; font-weight: normal;">Draghi said the ECB will do what is necessary to achieve immediate rise in inflation. &nbsp; </span></li><li><br style="font-family: Verdana,sans-serif; font-weight: normal;" /><span style="font-family: &quot;verdana&quot; , sans-serif; font-weight: normal;">"If our policy is not enough to achieve that goal, then we will do what we should do is raise inflation as soon as possible," stated Draghi said in a speech in Frankfurt on Friday (20/11). Draghi also added that in making the assessment of price stability, it will not be ignored the fact that the Euro inflation has been low for some time. &nbsp; </span></li><li><br style="font-family: Verdana,sans-serif; font-weight: normal;" /><span style="font-family: &quot;verdana&quot; , sans-serif; font-weight: normal;">ECB Draghi's comments underscore concern that the inflation rate in the euro area which consists of 19 countries, currently at 0.1 percent, will slip further away from the target of below 2 percent, depressed by a sharp weakening economy and declining oil prices.&nbsp; </span></li></ul><ul style="text-align: left;"><li><span style="font-family: &quot;verdana&quot; , sans-serif; font-weight: normal;">ECB policy makers assess the need for the expansion program of Quantitative Easing (QE) reached 1.1 trillion euros ($ 1.2 trillion), which began in March, or the taking of deposit rates further below zero. &nbsp; </span></li><li><br style="font-family: Verdana,sans-serif; font-weight: normal;" /><span style="font-family: &quot;verdana&quot; , sans-serif; font-weight: normal;">Draghi's comments confirm that the announcement of further stimulus in December is a certainty, according to the Marco Valli, chief euro region economist economist at UniCredit SpA in Milan. &nbsp; </span></li><li><br style="font-family: Verdana,sans-serif; font-weight: normal;" /><span style="font-family: &quot;verdana&quot; , sans-serif; font-weight: normal;">Supervisory Board of the ECB will meet in Frankfurt on December 3 for the next monetary policy meeting. While Draghi and Executive Board Peter Praet, chief economist of the agency, has signaled more monetary easing, some governors have expressed anxiety. &nbsp; </span></li><li><br style="font-family: Verdana,sans-serif; font-weight: normal;" /><span style="font-family: &quot;verdana&quot; , sans-serif; font-weight: normal;">Ardo Hansson Estonia, Slovenia Bostjan Jazbec and German Jens Weidmann has signaled since the last meeting they saw no need for further QE policy now. Weidmann is scheduled to speak in Frankfurt on Friday.&nbsp; </span></li></ul><ul style="text-align: left;"><li><span style="font-family: &quot;verdana&quot; , sans-serif; font-weight: normal;">Praet said in an interview this week that taking action in a state of low inflation is a risk the credibility of the ECB. &nbsp; Draghi said core inflation, which excludes energy and food, is also a signal of price pressure is too weak. The rate was 1.1 percent in October. &nbsp; </span></li><li><br style="font-family: Verdana,sans-serif; font-weight: normal;" /><span style="font-family: &quot;verdana&quot; , sans-serif; font-weight: normal;">The ECB recently bought € 60 billion monthly bond and intends to do so until September 2016. The deposit rate is at a record low of -0.2 percent. &nbsp;</span></li><li><br style="font-family: Verdana,sans-serif; font-weight: normal;" /><span style="font-family: &quot;verdana&quot; , sans-serif; font-weight: normal;">Nick Kounis, head of macro research at ABN Amro Bank NV in Amsterdam. "We expect the ECB to increase the rate of QE by 20 billion euros per month, signaling that the purchase will continue to go beyond September, and extend asset to include municipal bonds. </span></li><li><br style="font-family: Verdana,sans-serif; font-weight: normal;" /><span style="font-family: &quot;verdana&quot; , sans-serif; font-weight: normal;">We also expect a reduction of 10 basis points in deposit rates and the ECB will cut further if necessary. "</span></li></ul><h3 style="background-color: #ffe599;">Yellen Defends Seven Years of Low Interest Rates in Letter to Nader </h3><ul><li>Federal Reserve Chair Janet Yellen, responding to a letter calling for higher interest rates on behalf of savers, said Americans would have been worse off had the central bank not kept rates near zero since 2008, and repeated that she expects to tighten policy “gradually” after liftoff.</li><li>Warning that “an overly aggressive increase in rates would at most benefit savers only temporarily,” she argued in the letter released Monday in Washington that the Fed’s seven-year era of zero rates had sheltered American savers from dramatic declines in the value of their homes and retirement accounts.</li></ul></div><div class="content_2ktodaynews" style="display: none;"><ul><li>“Many of these savers undoubtedly would have lost their jobs or pensions (or faced increased burdens from supporting unemployed children and grandchildren),” if the Fed had not acted with such force, she wrote.</li><li>Fed officials are widely expected to increase the federal funds rate by a quarter percentage point when the Federal Open Market Committee meets in Washington Dec. 15-16, marking the bank’s first hike in almost 10 years.</li>Overly Aggressive <li>Repeating that she and most of her colleagues expect the pace of policy tightening to be gradual after liftoff, Yellen said “overly aggressive” rate hikes could also undercut the economic expansion and force the Fed to reverse course back to zero, drawing a parallel with Japan, where rates have been stuck near zero for the past 25 years.</li></ul></div><div class="content_3ktodaynews" style="display: none;"><ul><li>Yellen’s letter responded to a plea from a “group of humble savers” that included consumer advocate Ralph Nader frustrated by low returns gained from traditional bank deposits and money-market accounts.</li><li>“We want to know why the Federal Reserve, funded and heavily run by the banks, is keeping interest rates so low that we receive virtually no income for our hard-earned savings while the Fed lets the big banks borrow money for virtually no interest,” it read. “It doesn’t seem fair to put the burden of your Federal Reserve’s monetary policies on the backs of those Americans who are the least positioned to demand fair play.”</li><li>Yellen told the group that lower borrowing costs helped make large purchases more affordable for American consumers, supporting the economy and creating “millions of jobs.”</li><b>support by ZATco &amp; 20News</b></ul></div><div style="font-weight: bold;">Read Full Text : <a class="button_1ktodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> <span style="color: red;">Back To Title</span></a><span style="color: red;"> </span><a class="button_2ktodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#" style="color: red;"> Read Text Part 1</a><span style="color: red;"> </span><a class="button_3ktodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#" style="color: red;"> Read Text Part 2</a></div><script src="https://ajax.googleapis.com/ajax/libs/jquery/1.5.1/jquery.min.js" type="text/javascript"> </script> <script> jQuery(document).ready(function(){ jQuery('.button_1ktodaynews').click(function(){ jQuery('.content_1ktodaynews').show('slow'); jQuery('.content_2ktodaynews').hide('slow'); jQuery('.content_3ktodaynews').hide('slow'); return false; }); jQuery('.button_2ktodaynews').click(function(){ jQuery('.content_1ktodaynews').show('slow'); jQuery('.content_2ktodaynews').show('slow'); jQuery('.content_3ktodaynews').hide('slow'); return false; }); jQuery('.button_3ktodaynews').click(function(){ jQuery('.content_1ktodaynews').show('slow'); jQuery('.content_2ktodaynews').hide('slow'); jQuery('.content_3ktodaynews').show('slow'); return false; }); }); </script> <script src="https://ajax.googleapis.com/ajax/libs/jquery/1.5.1/jquery.min.js" type="text/javascript"> </script> <br /><div class="content_1ltodaynews"><h3 style="background-color: #ffe599;">US Interest Rate Increase Optimism The Dollar Strengthens</h3>Begin trading this morning, we reported Stocks closed down affected by fluctuations in oil prices end down and investors are still looking at the US GDP report to be released today. Dow Jones closed down 0.17 percent, at 17,792.68, with a drop in Pfizer shares. S &amp; P 500 closed down 0.12 percent, at 2,086.59, with the utilities sector led the six sectors were lower. </div><div class="content_2ltodaynews" style="display: none;"><ul><li>The Nasdaq closed down 0.05 percent, at 5,102.48. Meanwhile, Asian stocks opened mixed with investor caution induced weakening of Wall Street. This morning the Nikkei down 0.06% at 19868.07, Kospi up 0.12% at 2006.14, the ASX 200 was down 0.28% at 5261.70. </li><li>Of the commodity markets, spot gold price of LLG at the end of trading early this morning closed down 0.7 percent at 1069.61 dollars per troy ounce, a stronger dollar hampered by official optimism the Fed to raise US interest rates in December. </li><li>While the price of oil futures for WTI December contract closed down 0.36%, to 41.75 dollars per barrel after rising as much as 1 percent on the promise of Saudi Arabia run price stability offset concerns about oversupply in the global oil market. </li></ul></div><div class="content_3ltodaynews" style="display: none;"><ul><li>Of the foreign exchange market, the US dollar rose to an 8-month highs after hawkish comments pejebat US Federal Reserve to hike US interest rates in December. </li><li>EURUSD fell 0:09%, at 1.0635. GBPUSD dropped 0:43% at 1.5122. USDJPY fell 0:04%, at 122.82. Of the Indonesian capital market, the Composite Stock Price Index at the close of trading early in the week on Monday (203/11) a negative correction, down 0.44% at 4541.07. JCI weakening affected by the weakening of its global exchange. </li><li>European exchanges opened this afternoon negatively affected by the decline in world oil prices and other commodity prices. While Asian markets closed mixed this afternoon, with investors still regard the continued policy to be taken by the US Federal Reserve. </li><li>This further strengthening of the US dollar makes foreign investors withdrew their funds from the capital market of Indonesia to strengthen their investments are denominated in dollars . </li><li>Technically there is support for JCI is expected to move in the range of 4511-4486 Support and Resistance range 4569-4594. Stocks that are interesting to observe today: PWON, PPRO, SRIL, TLKM.</li><b>support by ZATco &amp; 20News</b> </ul></div><div style="font-weight: bold;">Read Full Text : <a class="button_1ltodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> <span style="color: red;">Back To Title</span></a><span style="color: red;"> </span><a class="button_2ltodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#" style="color: red;"> Read Text Part 1</a><span style="color: red;"> </span><a class="button_3ltodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#" style="color: red;"> Read Text Part 2</a></div><script src="https://ajax.googleapis.com/ajax/libs/jquery/1.5.1/jquery.min.js" type="text/javascript"> </script> <script> jQuery(document).ready(function(){ jQuery('.button_1ltodaynews').click(function(){ jQuery('.content_1ltodaynews').show('slow'); jQuery('.content_2ltodaynews').hide('slow'); jQuery('.content_3ltodaynews').hide('slow'); return false; }); jQuery('.button_2ltodaynews').click(function(){ jQuery('.content_1ltodaynews').show('slow'); jQuery('.content_2ltodaynews').show('slow'); jQuery('.content_3ltodaynews').hide('slow'); return false; }); jQuery('.button_3ltodaynews').click(function(){ jQuery('.content_1ltodaynews').show('slow'); jQuery('.content_2ltodaynews').hide('slow'); jQuery('.content_3ltodaynews').show('slow'); return false; }); }); </script> <script src="https://ajax.googleapis.com/ajax/libs/jquery/1.5.1/jquery.min.js" type="text/javascript"> </script> <br /><div class="content_1mtodaynews"><h3 style="background-color: #ffe599;">Crude Oil Prices Down Failed to Respond Positively Stabiitas Plan Prices</h3>Crude oil prices at the close of trading on Tuesday morning (23/11) fell after rising as much as 1 percent on the promise of Saudi Arabia run price stability offset concerns about oversupply in the global oil market. </div><div class="content_2mtodaynews" style="display: none;"><ul><li>Rally in gasoline and ultralow sulfur diesel (ULSD) futures also supported the complexity of petroleum. Traders buy processed products amid strong demand for gasoline triggered the onset of cold weather in the Northeast United States, which will increase demand for heating oil, or ULSD. </li><li>At the beginning of the session, from the broader commodity selloff led by copper and dollar have weighed on oil. </li><li>Saudi Arabia said in a prepared statement that the associated production and oil pengeskpor countries to implement price stability. </li><li>Saudi statement came when oil prices are at 2.5-month low, and was greeted with a mixture of enthusiasm and skepticism. </li><li>Although similar promise in the past, Saudi Arabia and other major OPEC producers have done continuously increasing production to maintain market share, and the price of crude oil has dropped 50 percent over the past year. </li></ul></div><div class="content_3mtodaynews" style="display: none;"><ul><li>The next OPEC meeting to set a production target will be held on December 4, WTI oil futures prices for December contract closed down 15 cents or 0.36 percent at 41.75 dollars per barrel. </li><li>Meanwhile the price of Brent crude oil futures rose 19 cents, or 0.43 percent, to 44.85 dollars per barrel. Brent oil prices rose more than $ 1 on the statement of Saudi Arabia, but gave up on $ 1 lower before rebounding. </li><li>Gasoline futures jumped nearly 3 percent, the highest in nearly three weeks. ULSD rose nearly 2 percent. Some remain unconvinced rebound in oil will last, pointing to high prices WTI contract approaching more than futures contracts. </li><li>Analyst ZATco Research Center estimates that oil prices may still experience pressure to the negative sentiment in the oversupply of oil. </li><li>The price of oil will be moved through a range of 40.00 to 38.00 Support, if prices turn higher will try to penetrate the resistance range of 43.00 to 45.00.</li><b>support by ZATco &amp; 20News</b> </ul></div><div style="font-weight: bold;">Read Full Text : <a class="button_1mtodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> <span style="color: red;">Back To Title</span></a><span style="color: red;"> </span><a class="button_2mtodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#" style="color: red;"> Read Text Part 1</a><span style="color: red;"> </span><a class="button_3mtodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#" style="color: red;"> Read Text Part 2</a></div><script src="https://ajax.googleapis.com/ajax/libs/jquery/1.5.1/jquery.min.js" type="text/javascript"> </script> <script> jQuery(document).ready(function(){ jQuery('.button_1mtodaynews').click(function(){ jQuery('.content_1mtodaynews').show('slow'); jQuery('.content_2mtodaynews').hide('slow'); jQuery('.content_3mtodaynews').hide('slow'); return false; }); jQuery('.button_2mtodaynews').click(function(){ jQuery('.content_1mtodaynews').show('slow'); jQuery('.content_2mtodaynews').show('slow'); jQuery('.content_3mtodaynews').hide('slow'); return false; }); jQuery('.button_3mtodaynews').click(function(){ jQuery('.content_1mtodaynews').show('slow'); jQuery('.content_2mtodaynews').hide('slow'); jQuery('.content_3mtodaynews').show('slow'); return false; }); }); </script> <script src="https://ajax.googleapis.com/ajax/libs/jquery/1.5.1/jquery.min.js" type="text/javascript"> </script> <br /><div class="content_1ntodaynews"><h3 style="background-color: #ffe599;">Wall Street Closed Down, Investors Looking at the Price of Oil and the US GDP</h3>Wall Street closed slightly lower on Tuesday morning earlier (24/11) as investors examine fluctuations in oil prices and economic reports that US GDP will be released today. WTI oil futures prices for December contract closed down 0.36%, to 41.75 dollars per barrel after rising as much as 1 percent on the promise of Saudi Arabia run price stability offset concerns about oversupply in the global oil market. </div><div class="content_2ntodaynews" style="display: none;"><ul><li>This day will also be released GDP Growth Rate QoQ 2nd Est Q3 are based on the consensus to increase the position of 3.9%, up from the previous 2.0%.</li><li>Apple shares decline, Goldman Sachs and Boeing weighed on the Dow Jones. Meanwhile, shares of Home Depot contributed the highest rise in the index. </li><li>While the Utilities sector fell more than 1 percent in afternoon trade as the biggest weight in the S &amp; P 500. </li><li>Shares of consumer sectors, energy and materials led the gains in the S &amp; P 500. Alcoa shares closed down more than 4 percent higher as the winner of the materials sector. </li><li>In economic news Monday, the Chicago Fed National Activity Index is at -0.04 in October, up from -0.29 in September. </li><li>Existing home sales showed a decrease of 3.4 percent in October. Treasury yields held little changed, with the result of 2 years at 0.93 percent and 10-year yield fell to 2.25 percent. </li><li>Treasury Department auction generated $ 26 billion recorded two years with high yield 0.948 percent, the highest since April 2010. </li><li>In other corporate news, activist investor Carl Icahn said insurance giant American International Group is "too big to manage" and must be separated into three publicly traded companies. Shares closed up nearly 0.9 percent. </li></ul></div><div class="content_3ntodaynews" style="display: none;"><ul><li>CVC Capital and Canada Pension Plan Investment Board announced it would acquire Petco for $ 4.6 billion. </li><li>Pfizer shares closed 2.6 percent lower after Allergan announced it would buy about $ 160 billion in the biggest deal ever in the health sector. </li><li>This transaction will allow the drug giant based in New York to move to Ireland to cut US tax burden. Allergan shares ended down 3.4 percent. </li><li>The Dow Jones Industrial Average closed down 31.13 points, or 0.17 percent, at 17,792.68, with the biggest drop in Pfizer shares, while the highest increase is in stock Home Depot. </li><li>The S &amp; P 500 closed down 2.58 points, or 0.12 percent, at 2,086.59, with the utilities sector led the six sectors were lower, while the consumer sector as the top gainers. </li><li>While the Nasdaq closed down 2.44 points, or 0.05 percent, at 5,102.48.</li><b>support by ZATco &amp; 20News</b> </ul></div><div style="font-weight: bold;">Read Full Text : <a class="button_1ntodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> <span style="color: red;">Back To Title</span></a><span style="color: red;"> </span><a class="button_2ntodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#" style="color: red;"> Read Text Part 1</a><span style="color: red;"> </span><a class="button_3ntodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#" style="color: red;"> Read Text Part 2</a></div><script src="https://ajax.googleapis.com/ajax/libs/jquery/1.5.1/jquery.min.js" type="text/javascript"> </script> <script> jQuery(document).ready(function(){ jQuery('.button_1ntodaynews').click(function(){ jQuery('.content_1ntodaynews').show('slow'); jQuery('.content_2ntodaynews').hide('slow'); jQuery('.content_3ntodaynews').hide('slow'); return false; }); jQuery('.button_2ntodaynews').click(function(){ jQuery('.content_1ntodaynews').show('slow'); jQuery('.content_2ntodaynews').show('slow'); jQuery('.content_3ntodaynews').hide('slow'); return false; }); jQuery('.button_3ntodaynews').click(function(){ jQuery('.content_1ntodaynews').show('slow'); jQuery('.content_2ntodaynews').hide('slow'); jQuery('.content_3ntodaynews').show('slow'); return false; }); }); </script> <br /><div class="content_1otodaynews"><h3 style="background-color: #ffe599;">Indonesia Optimistic Suburbs Apartment Projects Practice Hard, strengthening APLN Stocks Limited</h3>Support PT Agung Podomoro Land Tbk (APLN) against a government project to build one million housing project realized by Podomoro Golf View (PGV) located outside the city of Jakarta and is surrounded view 3 golf courses. Project on an area of ​​80 hectares is to be built APLN 25 residential towers with a total number of 37,000 units. </div><div class="content_2otodaynews" style="display: none;"><ul><li>Prices are set APLN government will appropriate benchmark for a modest home, but equipped with complete facilities and modern. </li><li>Property companies experienced a decrease in financial performance in the third quarter and is optimistic the project will demand a lot of people after last weekend held an election unit in the Main Atrium, Senayan City. </li><li>See the company's past financial performance, APLN the last Q3 net profit Rp368,12 billion or Rp18,83 per share, while the same period in 2014 to reach Rp510,71 billion or Rp24,91 per share. </li><li>But in terms of increased revenue from Rp3,51 trillion to Rp3,92 trillion, and the net profit down the magnitude of the burden borne by the company compared to 2014 both in cost of goods, financial expenses and operating expenses. </li></ul></div><div class="content_3otodaynews" style="display: none;"><ul><li>For the movement of its shares on the stock exchange earlier this week (24/11) APLN shares closed 2.2% stronger at the level of 277 after the previous closing at the level of 271 and moved in the range 277-270 with trading volume reached 11 million shares. </li><li>Analyst ZATco Research Center, see the technical indicators, stock prices since 2 weeks APLN last seen successfully out of the previously strong pressure since the beginning of October. Observed MA indicator is still moving down. </li><li>In addition Stochastic indicator is moving up in the overbought area. While the Average Directional Index indicator observed to move down slightly supported by DI are moving up that shows the movement of APLN limited gain.</li><li>With the condition of technical and fundamental supported, predicted recommendation Trading on the target level of support at the level of Rp268 to target resistance at the 300 level.</li><b>support by ZATco &amp; 20News</b> </ul></div><div style="font-weight: bold;">Read Full Text : <a class="button_1otodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> <span style="color: red;">Back To Title</span></a><span style="color: red;"> </span><a class="button_2otodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#" style="color: red;"> Read Text Part 1</a><span style="color: red;"> </span><a class="button_3otodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#" style="color: red;"> Read Text Part 2</a></div><script src="https://ajax.googleapis.com/ajax/libs/jquery/1.5.1/jquery.min.js" type="text/javascript"> </script> <script> jQuery(document).ready(function(){ jQuery('.button_1otodaynews').click(function(){ jQuery('.content_1otodaynews').show('slow'); jQuery('.content_2otodaynews').hide('slow'); jQuery('.content_3otodaynews').hide('slow'); return false; }); jQuery('.button_2otodaynews').click(function(){ jQuery('.content_1otodaynews').show('slow'); jQuery('.content_2otodaynews').show('slow'); jQuery('.content_3otodaynews').hide('slow'); return false; }); jQuery('.button_3otodaynews').click(function(){ jQuery('.content_1otodaynews').show('slow'); jQuery('.content_2otodaynews').hide('slow'); jQuery('.content_3otodaynews').show('slow'); return false; }); }); </script> <br /><div class="content_1ptodaynews"><h3 style="background-color: #ffe599;">Daily Fundamental Dollar 24 November, Rally Continues</h3>The prospect of interest rate hikes by the Fed in December still thin support the strengthening dollar in forex trading early in the week. But with high hopes of rising dollar overshadowed by US economic data were mixed good manufacturing performance data and existing home sales. </div><div class="content_2ptodaynews" style="display: none;"><ul><li>Plan the Fed announced its monetary policy this evening gave a strong positive sentiment on Asian session trading earlier this week (23/11), especially in the US dollar exchange rate movements. </li><li>Looks spot market this morning the dollar index managed to continue the rally weekend against major currencies. Sentiment fed rate hike in December increasingly hawkish statements include various local leaders of the US central bank in recent weeks. </li><li>So the market saw no major obstacles to the rise time of the reference rate. The movement of the dollar exchange rate will be influenced by several important data such as data prelim third-quarter US GDP is expected to rise to a position of 2% from 1.5%. </li></ul></div><div class="content_3ptodaynews" style="display: none;"><ul><li>The next consumer sentiment data by the Conference Board survey also climbed to 99.3 from 97.6 index points. </li><li>Both of these data indicated will support further strengthening of the dollar in early trade this morning despite negative move. </li><li>Monitor the strength of the US dollar exchange rate against other currencies on the US dollar index today (00:30:40 GMT) rolling in the range of 99.67, up from 99.71 opening at 0000 GMT. </li><li>Technically, Analyst ZATco Resarch Center see the movement of the US dollar index is based on the high price and low at 99.52 100.02 earlier today, the index is expected to have a resistance in the range of 100.25 and 99.97, while immediate support in the range of 99.47 and 99.25.</li><b>support by ZATco &amp; 20News</b> </ul></div><div style="font-weight: bold;">Read Full Text : <a class="button_1ptodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> <span style="color: red;">Back To Title</span></a><span style="color: red;"> </span><a class="button_2ptodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#" style="color: red;"> Read Text Part 1</a><span style="color: red;"> </span><a class="button_3ptodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#" style="color: red;"> Read Text Part 2</a></div><script src="https://ajax.googleapis.com/ajax/libs/jquery/1.5.1/jquery.min.js" type="text/javascript"> </script> <script> jQuery(document).ready(function(){ jQuery('.button_1ptodaynews').click(function(){ jQuery('.content_1ptodaynews').show('slow'); jQuery('.content_2ptodaynews').hide('slow'); jQuery('.content_3ptodaynews').hide('slow'); return false; }); jQuery('.button_2ptodaynews').click(function(){ jQuery('.content_1ptodaynews').show('slow'); jQuery('.content_2ptodaynews').show('slow'); jQuery('.content_3ptodaynews').hide('slow'); return false; }); jQuery('.button_3ptodaynews').click(function(){ jQuery('.content_1ptodaynews').show('slow'); jQuery('.content_2ptodaynews').hide('slow'); jQuery('.content_3ptodaynews').show('slow'); return false; }); }); </script> <br /><div class="content_1qtodaynews"><h3 style="background-color: #ffe599;">European Stocks Decline Respond initial decline in commodity prices</h3><ul><li>European stocks trade on Monday (23/11) opened slide negative impact of oil prices and other commodities. </li><li>Oil prices remained under pressure during Asian trade as global supply surplus, US crude fell about 3 percent and internationally traded Brent benchmark down nearly 2 percent. </li><li>Other commodities, including iron ore, zinc and nickel, which traded lower amid concerns about slowing demand in China. Copper fell to a more than six-year lows. </li><li>Shares of mining giant Glencore fell as much as 6 percent, while the Arcelor Mittal steel shares fell more than 3 percent. </li><li>Other stocks in this sector include Anglo American, Antofagasta and BHP Billiton all trading sharply lower. </li></ul></div><div class="content_2qtodaynews" style="display: none;"><ul><li>In the oil and gas sector, stock Amec Foster Wheeler, Seadrill and Tullow Oil all in negative territory. </li><li>German energy company RWE shares rose more than 4.5 percent after the company's chief executive told the Frankfurter Allgemeine Zeitung that has no current plans to sell the 25 percent stake in Amprion to help pay the debt. </li><li>He also did not rule out a future capital increase. Credit Suisse announced that it has raised 1.32 billion Swiss francs ($ 1.29 billion) after completing the first stage of the capital increase of 6 billion francs it. </li><li>The lender shares sharply lower. Volkswagen shares are also in the red zone after the US government said more vehicles the German automaker is hit by scandal emissions. </li><li>At the STOXX 600, shares of Home Retail Group UK, rose 6 percent after a report in the Sunday Times stated that the private equity firm is considering a takeover of the owner of Argos and Homebase. </li><li>Ocado grocery delivery company is also traded sharply higher after UBS raised its outlook for the stock from "neutral" to "buy". </li></ul></div><div class="content_3qtodaynews" style="display: none;"><ul><li>For data of economic indicators, the growth in the French service sector slowed in November while manufacturing activity rose, the index of the Purchasing Managers Index (PMI) Flash to 51.3 in November, down from 52.6 in October. </li><li>German manufacturing and service sectors grew in October. Flash composite PMI in the largest economy in the euro zone there are at 54.9, up from 54.2 in October results.</li><b>However, observed at this time, indices moving mixed European region:</b><li>STOXX 600 European index tracked down -0.33% to 380.53</li><li>German DAX index, tracked down -0.20% at 11097.51. </li><li>CAC 40 of France, observed down -0.50% at 4886.28. </li><li>Britain's FTSE 100 index, was observed to turn -0.29% at 6316.20. </li><li>Italy's FTSE MIB index was observed up 0.77% at 22309.99. </li><li>Spain's IBEX 35 index tracked down -0.22% at 10287.90.</li><li>Analyst ZATco Research Center estimates that the European market will try to retain reinforcement to respond to the outcome of the Eurogroup meeting on this night. </li><li>If the results of the meeting gave a positive sentiment for the strengthening of the European economy, it would make the exchanges in the European region strengthened. </li><li>But the potential pressures remain, given the European countries seemed to be constantly alert to the security situation in their respective countries.</li><b>support by ZATco &amp; 20News</b> </ul></div><div style="font-weight: bold;">Read Full Text : <a class="button_1qtodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> <span style="color: red;">Back To Title</span></a><span style="color: red;"> </span><a class="button_2qtodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#" style="color: red;"> Read Text Part 1</a><span style="color: red;"> </span><a class="button_3qtodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#" style="color: red;"> Read Text Part 2</a></div><script src="https://ajax.googleapis.com/ajax/libs/jquery/1.5.1/jquery.min.js" type="text/javascript"> </script> <script> jQuery(document).ready(function(){ jQuery('.button_1qtodaynews').click(function(){ jQuery('.content_1qtodaynews').show('slow'); jQuery('.content_2qtodaynews').hide('slow'); jQuery('.content_3qtodaynews').hide('slow'); return false; }); jQuery('.button_2qtodaynews').click(function(){ jQuery('.content_1qtodaynews').show('slow'); jQuery('.content_2qtodaynews').show('slow'); jQuery('.content_3qtodaynews').hide('slow'); return false; }); jQuery('.button_3qtodaynews').click(function(){ jQuery('.content_1qtodaynews').show('slow'); jQuery('.content_2qtodaynews').hide('slow'); jQuery('.content_3qtodaynews').show('slow'); return false; }); }); </script> <br /><div class="content_1rtodaynews"><h3 style="background-color: #ffe599;">Best Achievement Private Business Zone Euro Since May 2011</h3>In addition to reporting the performance of the German private business according to flash data from Markit Economics also reported business performance of private sector firms in the euro area experienced the highest growth in 4.5 years in November. </div><div class="content_2rtodaynews" style="display: none;"><ul><li>Reports composite index based on a survey of 5,000 companies across the region show an increase in the value of the previous month period. Flash data from Markit today showed the composite output index rose to 54.4 in November from 53.9 in October. </li><li>A stronger business expansion was driven by the expansion of best manufacturing and service sectors, but it is supported by the German private business expansion.</li><b>Euro Area Composite PMI</b><li>From the survey report mentioned services sector PMI index increased quite surprising to position 54.6 in November after October are in the position of economists' forecast of 54.1 months decreased to 54.3 positions. </li></ul></div><div class="content_3rtodaynews" style="display: none;"><ul><li>Similarly, for the manufacturing PMI index rose to 52.8 index points from 52.3 in October, while economists ekspektasikan dropped to 52 index points. </li><li>But the report also noted manufacturing output rose at its highest level in 19 months. </li><li>But the performance of the Euro area's private business could be even higher if the performance of the private business French country has not decreased. </li><li>Because this afternoon Markit also reported the expansion of French private business dropped to 51.3 from 52.6 index points.</li><b>support by ZATco &amp; 20News</b> </ul></div><div style="font-weight: bold;">Read Full Text : <a class="button_1rtodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> <span style="color: red;">Back To Title</span></a><span style="color: red;"> </span><a class="button_2rtodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#" style="color: red;"> Read Text Part 1</a><span style="color: red;"> </span><a class="button_3rtodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#" style="color: red;"> Read Text Part 2</a></div><script src="https://ajax.googleapis.com/ajax/libs/jquery/1.5.1/jquery.min.js" type="text/javascript"> </script> <script> jQuery(document).ready(function(){ jQuery('.button_1rtodaynews').click(function(){ jQuery('.content_1rtodaynews').show('slow'); jQuery('.content_2rtodaynews').hide('slow'); jQuery('.content_3rtodaynews').hide('slow'); return false; }); jQuery('.button_2rtodaynews').click(function(){ jQuery('.content_1rtodaynews').show('slow'); jQuery('.content_2rtodaynews').show('slow'); jQuery('.content_3rtodaynews').hide('slow'); return false; }); jQuery('.button_3rtodaynews').click(function(){ jQuery('.content_1rtodaynews').show('slow'); jQuery('.content_2rtodaynews').hide('slow'); jQuery('.content_3rtodaynews').show('slow'); return false; }); }); </script> <br /><div class="content_1stodaynews"><h3 style="background-color: #ffe599;">Best Performance of Private Business German In 3 Months</h3>Business firms in the German private sector experienced a fairly rapid growth in November in the last three months based Markit Economics survey on 1,000 companies engaged in the business of manufacturing and services. </div><div class="content_2stodaynews" style="display: none;"><ul><li>Composite index reports indicated this institution shows the increase in the value of the previous month period. </li><li>Flash data from Markit today showed the composite output index rose to 54.9 in November from 54.2 in October. A stronger business expansion was driven by the improvement in the business performance of the German service sector with the highest rate of increase in 14 months.</li><b>Germany Composite PMI</b><li>From the survey report mentioned services sector PMI index increased quite surprising to position 55.6 in November after October are in the position of economists' forecast of 54.5 months decreased to 54.3 positions. </li></ul></div><div class="content_3stodaynews" style="display: none;"><ul><li>Similarly, for the manufacturing PMI index rose to 52.6 index points from 52.1 in October, while economists ekspektasikan dropped to 52 index points. However, the report also divatat manufacturing output rose at its weakest level since July. </li><li>By also increasing third-quarter GDP Euro area's largest economy, analysts ZATco Research Center estimates that the business performance of the country's private companies will also be boosted even higher.</li><b>support by ZATco &amp; 20News</b> </ul></div><div style="font-weight: bold;">Read Full Text : <a class="button_1stodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> <span style="color: red;">Back To Title</span></a><span style="color: red;"> </span><a class="button_2stodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#" style="color: red;"> Read Text Part 1</a><span style="color: red;"> </span><a class="button_3stodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#" style="color: red;"> Read Text Part 2</a></div><script src="https://ajax.googleapis.com/ajax/libs/jquery/1.5.1/jquery.min.js" type="text/javascript"> </script> <script> jQuery(document).ready(function(){ jQuery('.button_1stodaynews').click(function(){ jQuery('.content_1stodaynews').show('slow'); jQuery('.content_2stodaynews').hide('slow'); jQuery('.content_3stodaynews').hide('slow'); return false; }); jQuery('.button_2stodaynews').click(function(){ jQuery('.content_1stodaynews').show('slow'); jQuery('.content_2stodaynews').show('slow'); jQuery('.content_3stodaynews').hide('slow'); return false; }); jQuery('.button_3stodaynews').click(function(){ jQuery('.content_1stodaynews').show('slow'); jQuery('.content_2stodaynews').hide('slow'); jQuery('.content_3stodaynews').show('slow'); return false; }); }); </script> <br /><div class="content_1ttodaynews"><h3 style="background-color: #ffe599;">Japanese businesses Out Of Recession; Raise Minimum Wage and Tax Cut</h3>After the Japanese central bank did not change its monetary policy after last week's announcement of an economic recession, the Japanese government is preparing a plan to stimulate the economy economy and reported third-quarter GDP continued to contract during the preceding quarter. </div><div class="content_2ttodaynews" style="display: none;"><ul><li>One that will do the Japanese government is raising the minimum wage of workers who previously had been raised, but still far below the average wage increase in OECD member countries. </li><li>According to a report written in the Nikkei newspaper this morning (23/22), this plan is being prepared by the Ministry of Economy to be proposed at a meeting with the head of the Japanese government this week. </li><li>In this case the Japanese government tried to revive the country's labor market which has long experienced static conditions with declining productivity of the existing workforce in the country, therefore the government will raise the minimum wage of workers by 3%. </li><li>The government is also expecting a rise in labor costs will increase consumer spending society. </li></ul></div><div class="content_3ttodaynews" style="display: none;"><ul><li>However, according to analyst ZATco Research Center plans the Japanese government is not enough to reverse the economic conditions experienced a recession of up to two times since Shinzo Abe served as Prime Minister in late 2012, because the average minimum wage in Japan last only 780 yen per hour and the increase 3% is still very small and takes longer to boost the economy. </li><li>In addition to wage increases, the Japanese Ministry of Economy also plans to encourage capital spending small companies by reducing the corporate tax rate below 30 percent, but the employers demanded greater tax cuts again. </li><li>With the current conditions of the Japanese economy, the government should prepare a plan that economic structural reform as practiced by the government Jokowi in economic policies launched since the second quarter ago.</li><b>support by ZATco &amp; 20News</b> </ul></div><div style="font-weight: bold;">Read Full Text : <a class="button_1ttodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> <span style="color: red;">Back To Title</span></a><span style="color: red;"> </span><a class="button_2ttodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#" style="color: red;"> Read Text Part 1</a><span style="color: red;"> </span><a class="button_3ttodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#" style="color: red;"> Read Text Part 2</a></div><script src="https://ajax.googleapis.com/ajax/libs/jquery/1.5.1/jquery.min.js" type="text/javascript"> </script> <script> jQuery(document).ready(function(){ jQuery('.button_1ttodaynews').click(function(){ jQuery('.content_1ttodaynews').show('slow'); jQuery('.content_2ttodaynews').hide('slow'); jQuery('.content_3ttodaynews').hide('slow'); return false; }); jQuery('.button_2ttodaynews').click(function(){ jQuery('.content_1ttodaynews').show('slow'); jQuery('.content_2ttodaynews').show('slow'); jQuery('.content_3ttodaynews').hide('slow'); return false; }); jQuery('.button_3ttodaynews').click(function(){ jQuery('.content_1ttodaynews').show('slow'); jQuery('.content_2ttodaynews').hide('slow'); jQuery('.content_3ttodaynews').show('slow'); return false; }); }); </script></div>ZAT Cohttps://plus.google.com/109368630212859290585noreply@blogger.com0tag:blogger.com,1999:blog-3565408594758982642.post-35385503764314044332015-11-20T17:00:00.000+02:002015-11-20T14:29:54.672+02:00TODAY NEWS : Global Market Responds Positively Results FOMC minutes<div dir="ltr" style="text-align: left;" trbidi="on"><div dir="ltr" style="text-align: left;" trbidi="on"><div style="font-family: Verdana,sans-serif; text-align: justify;"><b>Global Market Responds Positively Results FOMC minutes</b><br /><table cellpadding="0" cellspacing="0" class="tr-caption-container" style="float: left; margin-right: 1em; text-align: left;"><tbody><tr><td style="text-align: center;"><a href="http://4.bp.blogspot.com/-63zgxjgQP_k/Vk2OGtbgqwI/AAAAAAAABMw/UFE_VHBw4FE/s1600/apec%2B2015.gif" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" height="227" src="http://4.bp.blogspot.com/-63zgxjgQP_k/Vk2OGtbgqwI/AAAAAAAABMw/UFE_VHBw4FE/s320/apec%2B2015.gif" width="320" /></a></td></tr><tr><td class="tr-caption" style="text-align: center;">APEC 2015</td></tr></tbody></table></div><ul style="font-family: Verdana,sans-serif; text-align: justify;"><li>Begin trading this morning, we reported Stocks closed up on trading this morning with investors digested the results of the FOMC minutes showed most members of the Fed approved a US rate hike in December. </li><li>Dow Jones closed up 1.42 percent at 17,737.1, with the rise in Apple shares. S &amp; P 500 ended up 1.62 percent, at 2,083.58, with the increase in all sectors, led by health care. </li><li>The Nasdaq rose 1.79 percent, to 5,075.2, with shares of iShares Nasdaq Biotechnology ETF (IBB) rose 2.92 percent.&nbsp; </li><li>Meanwhile, Asian stocks opened higher after the market reacted positively to the results of the FOMC minutes which made possible rise in US interest rates in December. </li><li>This morning the Nikkei rose 1.05% at 19855.23, the Kospi rose 0.68% at 1976.30, observed ASX 200 was up 1.15% at 5192.00.&nbsp; </li><li>Of the commodity markets, spot gold price of LLG at the end of trading early this morning closed up 0.05 percent at 1,070.56 dollars per troy ounce, after the market reacted to the minutes of the US Federal Reserve meeting which gave mixed signals about the possibility of a rate hike in December.</li></ul><ul style="font-family: Verdana,sans-serif; text-align: justify;"><li>While the price of oil futures for WTI December contract closed up 0.20%, to 40.75 dollars per barrel after the results of the FOMC minutes showed the majority of the committee believes appropriate rate of interest will rise in December, but also disputed evidence of the long-term potential of the US economy may be weak.&nbsp; </li><li>Of the foreign exchange market, the US Dollar was up against the yen, after the release of the FOMC strengthen US rate hike in December. EURUSD climbed 0:16%, at 1.0658. GBPUSD rose 12:15% at 1.5233. USDJPY rose 12:15%, at 123.62.&nbsp; </li><li>Of the Indonesian capital market, the Composite Stock Price Index at the close of trading on Wednesday (18/11) corrected negative, edged down 0.07% at 4497.91. JCI weakening weakness triggered exchanges Asia currently dominated by the close of trading this afternoon weakening. </li><li>The major indices such as the main area of ​​the Hang Seng index in Hong Kong stock exchange, the Kospi in South Korea exchange, the Shanghai index in China exchanges natural attenuation. Similarly, when the opening of European markets this afternoon decline. </li><li>Weakening global stock market sentiment related to the persistence of investor caution towards global geopolitical conditions after acts of terror in Paris on Friday. </li></ul><div style="font-family: Verdana,sans-serif; text-align: justify;"><br /></div><ul style="font-family: Verdana,sans-serif; text-align: justify;"><li>Technically there is support for JCI to further trade, estimated to be in the range of support 4649-4823 and 4847-4696 resistant. Stocks that are interesting to observe today: SMGR, SCMA, BBCA and ADHI.</li><li>Fed’s rate hike likely next year </li><li>Several FOMC members raised nonstandard reasons for rate hike in December. Analysts suspect pushing the hike into 2016 may increase uncertainty in financial markets. </li><li>Members are also seemed to differ over the possibility of inflation level returning to the target level of 2%, and they assume the performance of labor market is not sustainable. They believe that the PCE inflation will remain below 2% through the end of 2016.</li><li>The ongoing global financial and economic developments also drew FOMC's attention. Most of the participants argue the downside risks arising from abroad seem to ease economy is secure now.</li><li>"We believe that divisions within the committee and the soft path of inflation we expect early next year will lead to a lower policy path in 2016 than the committee expects; we forecast it will hike only three times in 2016", say Barclays.</li></ul><div style="font-family: Verdana,sans-serif; text-align: justify;"><i>&lt;b&gt;support by ZATco &amp; 20News&lt;/b&gt;</i></div><div style="font-family: Verdana,sans-serif; text-align: justify;"><br /><br /></div><div style="font-family: Verdana,sans-serif; text-align: justify;"><br /></div></div><script src="https://ajax.googleapis.com/ajax/libs/jquery/1.5.1/jquery.min.js" type="text/javascript"> </script> <br /><div class="content_1ktodaynews"><h3>Fed Minutes Make a December Liftoff Look More Likely</h3>The hawks are in and the doves are out. At least for the moment. Warning about risks to the labor market, skeptical about the eventual rise of inflation and nervous about global growth, Federal Reserve policy makers who are keen to delay an interest rate hike found themselves out of step with a majority of their colleagues at the Oct. 27-28 meeting of the Federal Open Market Committee, minutes released Wednesday in Washington showed. “The doves lost,” said Diane Swonk, chief economist at Mesirow Financial Holdings Inc. in Chicago. And that defeat came, she added, before the release of a better-than-expected October jobs report that provided more evidence of an economy on solid ground. </div><div class="content_2ktodaynews" style="display: none;"><ul><li>In the statement following their October meeting, Fed policy makers made it clear that an interest-rate increase would be considered at their “next meeting,” which is scheduled for Dec. 15-16. The unusually direct signal helped lift investor expectations that the Fed will raise its benchmark lending rate for the first time in almost a decade.</li><b>Most Participants</b><li>The minutes revealed that “most participants” agreed the conditions that would trigger a rate increase “could well be met by the time of the next meeting” and “some” felt those conditions had already been met. That left “some others” arguing that it was “unlikely that the information available by the December meeting would warrant raising the target range for the federal funds rate.”</li><li>The minority resistance showed up, as well, when the committee debated how to word their Oct. 28 policy statement and whether to include the explicit reference to the “next meeting.”</li><li>While an unspecified number saw the language as ultimately leaving the committee’s policy options open, “a couple of members expressed concern that this wording change could be misinterpreted as signaling too strongly the expectation that the target range for the federal funds rate would be increased at the committee’s next meeting.”</li><b>Gang of Three</b><li>Laura Rosner, U.S. economist at BNP Paribas in New York said the hold-out doves were probably governors Lael Brainard and Daniel Tarullo, along with Chicago Fed President Charles Evans.</li><li>"It seems like Yellen is not in that group,” she said, referring to Chair Janet Yellen. </li><li>Brainard gave a speech in October outlining her case for delaying a rate rise, saying the potential damage caused by moving too soon would be harder to fix than the harm that might come from moving too late. Evans and Tarullo have argued against raising rates this year.</li></ul></div><div class="content_3ktodaynews" style="display: none;"><ul><li>“On risk management, it’s really Brainard leading this camp,” Thomas Costerg, a senior U.S. economist at Standard Chartered Bank in New York, said. “You could really feel, between the lines, the undertow from Brainard” in the minutes.</li><li>It was likely the same group -- variously identified as “a couple,” “a few,” or “some” -- that pointed to a decline in market-based measures of inflation expectations, argued that “downside risks from abroad were still significant” and worried aloud over the weak employment reports in August and September.</li><b>Optimists Prevail</b><li>In each case, more optimistic views carried the day. The center of the committee stuck with the view that inflation would likely return to the Fed’s 2 percent target over the medium-term and concluded that global risks had significantly faded since concerns over China roiled financial markets in August.</li><li>Many members had doubts about employment, but those will have been assuaged by the October payrolls report, when employers added 271,000 new jobs, the largest monthly gain all year.</li><li>While he didn’t get his way in persuading the Fed to hike in October -- which led him to dissent for the second meeting in a row -- Richmond Fed President Jeffrey Lacker finds himself lining up with the FOMC consensus heading into December.</li><li>“He’s been waiting there long enough and its coming to him,” said Michael Feroli, chief U.S. economist at JPMorgan Chase &amp; Co. in New York.</li><li>Feroli stressed, however, the shift on the committee reflects how the economy has evolved over time, and doesn’t signal any deeper change in the philosophies of FOMC members that will put the hawks in control of policy.</li><li>“Just because they get one hike doesn’t mean they’re going to feel like they’re winning all of next year,” he said.</li><li>Indeed, the minutes reveal repeated agreement across the committee that the Fed should proceed cautiously after liftoff.</li><li>“Participants generally agreed that it would probably be appropriate to remove policy accommodation gradually,” the minutes said.</li><b>support by ZATco &amp; 20News</b> </ul></div><div style="font-weight: bold;">Read Full Text : <a class="button_1ktodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> <span style="color: red;">Back To Title</span></a><span style="color: red;"> </span><a class="button_2ktodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#" style="color: red;"> Read Text Part 1</a><span style="color: red;"> </span><a class="button_3ktodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#" style="color: red;"> Read Text Part 2</a></div><script src="https://ajax.googleapis.com/ajax/libs/jquery/1.5.1/jquery.min.js" type="text/javascript"> </script> <script> jQuery(document).ready(function(){ jQuery('.button_1ktodaynews').click(function(){ jQuery('.content_1ktodaynews').show('slow'); jQuery('.content_2ktodaynews').hide('slow'); jQuery('.content_3ktodaynews').hide('slow'); return false; }); jQuery('.button_2ktodaynews').click(function(){ jQuery('.content_1ktodaynews').show('slow'); jQuery('.content_2ktodaynews').show('slow'); jQuery('.content_3ktodaynews').hide('slow'); return false; }); jQuery('.button_3ktodaynews').click(function(){ jQuery('.content_1ktodaynews').show('slow'); jQuery('.content_2ktodaynews').hide('slow'); jQuery('.content_3ktodaynews').show('slow'); return false; }); }); </script> <script src="https://ajax.googleapis.com/ajax/libs/jquery/1.5.1/jquery.min.js" type="text/javascript"> </script> <br /><div class="content_1ltodaynews"><h3>Exchange Asia Stronger, Expect The Fed's decision would then Gradual</h3>Asian stock markets on Thursday opened higher this morning following the Wall Street by investors' expectations that the Federal Reserve is quite confident about the American economy to raise interest rates in December, but will be very careful in further monetary tightening. Markets interpreted that periods of rising interest rates that will come will be executed in stages. The possibility of higher interest rates in the United States, the first in almost a decade, has made the mighty US dollar and the price of some commodities under pressure. </div><div class="content_2ltodaynews" style="display: none;"><ul><li>Meanwhile, global investors are also looking forward to this treatise policy of the Bank of Japan (BOJ) and of the European Central Bank (ECB). Japan's Nikkei Stock .N225 observed to climb 1 percent, ignoring Japan's export data were disappointing. </li><li>The MSCI index monitored rose about 0.6 percent, and the index looks AXJO Australia soared 1.1 percent. </li><li>Elsewhere, the Hang Seng steady at the level of 22 465, or an increase of about 1.3 percent. JCI also this morning strengthened in position 4523 of the position before the market closed in 4497. </li><li>Results of the minutes of the last Fed policy suggests that its members are ready to support the increase in December along the next decision will be based on the condition of the American economy continues to perform well. </li></ul></div><div class="content_3ltodaynews" style="display: none;"><ul><li>"If they raise rates in December, the Fed is likely to aggressively demonstrate the idea of ​​a very gradual rise," said Tom Porcelli, chief US economist at RBC Capital Markets. "We hope that Yellen would stress this in his press conference later," she said to Reuters. </li><li>Analyst ZATco Research Center see that market confidence in the Fed will raise interest rates gradually, which means that in a very careful and not aggressive, has been providing market certainty and confidence. </li><li>That the interest rate should be increased, it has to be accepted by all market participants, because this is a "normalization" of interest rate policy era of "ultra low". With an indication of further rises gradually, the market thus need not be too worried with the shocks that may arise from the Fed decision. </li><li>Analyst ZATco Research Center before it has been predicted that the Fed's actions will then be a gradual and carefully (see: The Fed Will Raise Interest Rates; how to react , The era of the US monetary tightening cycle from 2004 to 2006 were quite aggressive, with interest rates climbed from 1% to 5.25%, the 17-time decisions rose in a row, is unlikely to happen in the leadership of this Yellen. It gives hope and optimism. </li><li>Then, in December when there is an increase in interest rates by the Fed, not necessarily Asian stock markets will be eroded sharply as many feared during this time. Really Time will test it.</li><b>support by ZATco &amp; 20News</b> </ul></div><div style="font-weight: bold;">Read Full Text : <a class="button_1ltodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> <span style="color: red;">Back To Title</span></a><span style="color: red;"> </span><a class="button_2ltodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#" style="color: red;"> Read Text Part 1</a><span style="color: red;"> </span><a class="button_3ltodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#" style="color: red;"> Read Text Part 2</a></div><script src="https://ajax.googleapis.com/ajax/libs/jquery/1.5.1/jquery.min.js" type="text/javascript"> </script> <script> jQuery(document).ready(function(){ jQuery('.button_1ltodaynews').click(function(){ jQuery('.content_1ltodaynews').show('slow'); jQuery('.content_2ltodaynews').hide('slow'); jQuery('.content_3ltodaynews').hide('slow'); return false; }); jQuery('.button_2ltodaynews').click(function(){ jQuery('.content_1ltodaynews').show('slow'); jQuery('.content_2ltodaynews').show('slow'); jQuery('.content_3ltodaynews').hide('slow'); return false; }); jQuery('.button_3ltodaynews').click(function(){ jQuery('.content_1ltodaynews').show('slow'); jQuery('.content_2ltodaynews').hide('slow'); jQuery('.content_3ltodaynews').show('slow'); return false; }); }); </script> <script src="https://ajax.googleapis.com/ajax/libs/jquery/1.5.1/jquery.min.js" type="text/javascript"> </script> <br /><div class="content_1mtodaynews"><h3>Inspiration Wall Street Strengthens Opening Hang Seng Index</h3>The opening of trading on the Hong Kong stock exchange on Thursday (19/11), the Hang Seng index opened positive 1.50%, observed today still gained 266.06 points, down 1.20% at 22454.32. Positive results inspired a stronger Wall Street at the close of trading this morning. </div><div class="content_2mtodaynews" style="display: none;"><ul><li>Stock Market Wall Street closed higher on trading this morning with investors digested the results of the FOMC minutes showed most members of the Fed approved a US rate hike in December. </li><li>Dow Jones closed up 1.42 percent, the S &amp; P 500 ended up 1.62 percent, the Nasdaq rose 1.79 percent. </li><li>This morning stocks that became the backbone of the Hang Seng index is stock Belle International Holdings Ltd that rose by 3.9%, Sino Land Co Ltd shares rose 2.79%, the stock Wharf Holdings Ltd. / The rose 2.74%, shares of Cathay Pacific Airways Ltd. rose 2.46%, shares of China Resources Power Holdings Co Ltd rose 2.20%. </li></ul></div><div class="content_3mtodaynews" style="display: none;"><ul><li>While the movement of the Hang Seng index futures this morning observed increased 310 points or 1.40% at 22,447.00, up from the previous closing at 22,137.00. </li><li>For further trade, there is still no indicator data that will be released, but worth noting Hong Kong's own domestic economic conditions are also moving global markets and commodity prices. </li>Analyst ZATco Research Center estimates that the movement of the Hang Seng Index to move sideways today will tend to strengthen limited to responding to the strengthening of global stock markets. Index is expected to move in the range of 21841-21462 Support and Resistance range from 22,690 to 23,031. <b>support by ZATco &amp; 20News</b> </ul></div><div style="font-weight: bold;">Read Full Text : <a class="button_1mtodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> <span style="color: red;">Back To Title</span></a><span style="color: red;"> </span><a class="button_2mtodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#" style="color: red;"> Read Text Part 1</a><span style="color: red;"> </span><a class="button_3mtodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#" style="color: red;"> Read Text Part 2</a></div><script src="https://ajax.googleapis.com/ajax/libs/jquery/1.5.1/jquery.min.js" type="text/javascript"> </script> <script> jQuery(document).ready(function(){ jQuery('.button_1mtodaynews').click(function(){ jQuery('.content_1mtodaynews').show('slow'); jQuery('.content_2mtodaynews').hide('slow'); jQuery('.content_3mtodaynews').hide('slow'); return false; }); jQuery('.button_2mtodaynews').click(function(){ jQuery('.content_1mtodaynews').show('slow'); jQuery('.content_2mtodaynews').show('slow'); jQuery('.content_3mtodaynews').hide('slow'); return false; }); jQuery('.button_3mtodaynews').click(function(){ jQuery('.content_1mtodaynews').show('slow'); jQuery('.content_2mtodaynews').hide('slow'); jQuery('.content_3mtodaynews').show('slow'); return false; }); }); </script> <script src="https://ajax.googleapis.com/ajax/libs/jquery/1.5.1/jquery.min.js" type="text/javascript"> </script> <br /><div class="content_1ntodaynews"><h3>2 Private Institutions Economic Survey of Australia Improved</h3>Asutralia RBA outlook on the economy growing so that no change in the benchmark rate is evidenced by the survey two different private institutions, namely the Conference Board and the Westpac Bank. Both the agency today released leading economic index which indicates a positive movement of the instruments that sustain the economic growth of the country. </div><div class="content_2ntodaynews" style="display: none;"><ul><li>According to the Conference Board, an Australian leading economic index continued negative for 7 consecutive months successfully reduced in September with the index contracted 0.1 percent. Previous index has dropped 0.4 percent in August. </li><li>For indexes created by Westpac Bank today demonstrates the value that is unchanged for the month of October from the previous month at 0.1 percent to 97.7 index points. </li><li>Among the individual components, the biggest support comes from household spending and net exports. </li><li>The institution of the survey data, Australia's GDP is expected to rise 2.8 percent in 2016, higher than expectations of 2.3 percent of GDP this year. </li></ul></div><div class="content_3ntodaynews" style="display: none;"><ul><li>Australia Leading Economic Index Of the seven components that make up the leading index of the Conference Board's version, only 4 components of natural increase declined and the rest remained. The decline occurred in share prices and building approvals. </li><li>Between March and September, the leading economic index fell 0.9 percent (annual rate of about -1.7 percent), the reversal of growth of 1.4 percent (about a 2.7 percent annual rate) during the previous six months. </li><li>After the survey was released condition Aussie weakening exchange rate against the US dollar since the beginning of the Asian trading session unchanged at the end of trading session where the pair AUDUSD was down about 0.1 percent.</li><b>support by ZATco &amp; 20News</b> </ul></div><div style="font-weight: bold;">Read Full Text : <a class="button_1ntodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> <span style="color: red;">Back To Title</span></a><span style="color: red;"> </span><a class="button_2ntodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#" style="color: red;"> Read Text Part 1</a><span style="color: red;"> </span><a class="button_3ntodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#" style="color: red;"> Read Text Part 2</a></div><script src="https://ajax.googleapis.com/ajax/libs/jquery/1.5.1/jquery.min.js" type="text/javascript"> </script> <script> jQuery(document).ready(function(){ jQuery('.button_1ntodaynews').click(function(){ jQuery('.content_1ntodaynews').show('slow'); jQuery('.content_2ntodaynews').hide('slow'); jQuery('.content_3ntodaynews').hide('slow'); return false; }); jQuery('.button_2ntodaynews').click(function(){ jQuery('.content_1ntodaynews').show('slow'); jQuery('.content_2ntodaynews').show('slow'); jQuery('.content_3ntodaynews').hide('slow'); return false; }); jQuery('.button_3ntodaynews').click(function(){ jQuery('.content_1ntodaynews').show('slow'); jQuery('.content_2ntodaynews').hide('slow'); jQuery('.content_3ntodaynews').show('slow'); return false; }); }); </script> <br /><div class="content_1otodaynews"><h3>Promising work in South Korea, Tens of Thousands Unemployment Decreases</h3>Employment growth in South Korea in October compared with the previous year increased by much of the past 5 months, although in the many who quit his job. Statistical Office of South Korea also announced unemployment in the country decreased slightly. </div><div class="content_2otodaynews" style="display: none;"><ul><li>On annual basis the number of people working in South Korea per month last October reached 26.298 million people, the number of natural increase of about 348,000 people from the same month last year. However, on a monthly basis for the month around 18,000 people stopped working. </li><li>Besides South Korea's unemployment rate declined to 3.4 percent in October 2015 from 3.5 percent in September, or the number of unemployed decreased to around 913 000 33000 people unemployed. </li><li>Unemployment has decreased for the fifth consecutive month and is based on the chart below the index value was the lowest this year. </li></ul></div><div class="content_3otodaynews" style="display: none;"><ul><li>South Korea Unemployment Rate However, in annual terms unemployment rate fell to 3.1 percent in October from 3.2 percent in September, where the number of unemployed fell by 19,000. </li><li>The unemployment rate was the lowest level since November 2013. &nbsp; The statistics also said the unemployment rate among young people fell 0.6 percentage points to 7.4 percent, which is the position of the youth unemployment rate lowest since May 2013. </li><li>Meanwhile, according to OECD data, working people aged 15-64 rose 0.5 percent from a year earlier to 66.2 percent in October. As for young people aged 15-29 rose 1.1 percentage points to 41.7 percent.</li><b>support by ZATco &amp; 20News</b> </ul></div><div style="font-weight: bold;">Read Full Text : <a class="button_1otodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> <span style="color: red;">Back To Title</span></a><span style="color: red;"> </span><a class="button_2otodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#" style="color: red;"> Read Text Part 1</a><span style="color: red;"> </span><a class="button_3otodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#" style="color: red;"> Read Text Part 2</a></div><script src="https://ajax.googleapis.com/ajax/libs/jquery/1.5.1/jquery.min.js" type="text/javascript"> </script> <script> jQuery(document).ready(function(){ jQuery('.button_1otodaynews').click(function(){ jQuery('.content_1otodaynews').show('slow'); jQuery('.content_2otodaynews').hide('slow'); jQuery('.content_3otodaynews').hide('slow'); return false; }); jQuery('.button_2otodaynews').click(function(){ jQuery('.content_1otodaynews').show('slow'); jQuery('.content_2otodaynews').show('slow'); jQuery('.content_3otodaynews').hide('slow'); return false; }); jQuery('.button_3otodaynews').click(function(){ jQuery('.content_1otodaynews').show('slow'); jQuery('.content_2otodaynews').hide('slow'); jQuery('.content_3otodaynews').show('slow'); return false; }); }); </script> <br /><div class="content_1ptodaynews"><h3>Stock Rally Australia and Japan Provide Encouragement opening Kospi Index</h3>In early trading South Korean stock exchange on Thursday (19/11), positive opening Kospi Index rose 0.68% at 1976.30. JCI driven rally on the stock exchanges of Australia and Japan, as well as the positive Wall Street. </div><div class="content_2ptodaynews" style="display: none;"><ul><li>While the development of stocks in the stock South Korea, Lotte Shopping shares rose 1.37 percent in early trading, although it emerged that the Korean Customs Service, which had previously refused duty-free license to Lotte, has given license to a competitor Lotte. </li><li>Local department store giant Shinsegae granted a business license to open a duty-free shop in Myeong-dong district of Seoul according to the report. </li><li>Shinsegae shares surged 7.37 percent at the opening. While stocks that became the backbone of the Kospi is Uni Chem shares are up 100%, Maniker shares rose 13.48%, shares rose 12.83 Iljin Materials, Dongseo Is shares rose 9.73%, shares rose 9 Samlip General Foods, 27%. As for the Kospi index futures also rose. </li></ul></div><div class="content_3ptodaynews" style="display: none;"><ul><li>Currently observed rise of 2.75 points or 1.14% at 242.30, where the previous closing is at 241.55. For today's trading there is no longer the direction of domestic fundamentals. </li><li>Analyst ZATco Research Center estimates that the Kospi will move the data to respond to developments in oil prices and the development of global stock markets. The Kospi index is expected to move within the range of 238.33-235.28 Support and Resistance range 244.43-247.92 </li><b>support by ZATco &amp; 20News</b> </ul></div><div style="font-weight: bold;">Read Full Text : <a class="button_1ptodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> <span style="color: red;">Back To Title</span></a><span style="color: red;"> </span><a class="button_2ptodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#" style="color: red;"> Read Text Part 1</a><span style="color: red;"> </span><a class="button_3ptodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#" style="color: red;"> Read Text Part 2</a></div><script src="https://ajax.googleapis.com/ajax/libs/jquery/1.5.1/jquery.min.js" type="text/javascript"> </script> <script> jQuery(document).ready(function(){ jQuery('.button_1ptodaynews').click(function(){ jQuery('.content_1ptodaynews').show('slow'); jQuery('.content_2ptodaynews').hide('slow'); jQuery('.content_3ptodaynews').hide('slow'); return false; }); jQuery('.button_2ptodaynews').click(function(){ jQuery('.content_1ptodaynews').show('slow'); jQuery('.content_2ptodaynews').show('slow'); jQuery('.content_3ptodaynews').hide('slow'); return false; }); jQuery('.button_3ptodaynews').click(function(){ jQuery('.content_1ptodaynews').show('slow'); jQuery('.content_2ptodaynews').hide('slow'); jQuery('.content_3ptodaynews').show('slow'); return false; }); }); </script> <br /><div class="content_1qtodaynews"><h3>US Dollar Asian Session 19 November Still Weak, Strong Rebound Potential</h3>Minutes from the FOMC meeting late last month have been released before dawn depicting global readiness to plan the Fed will raise its benchmark interest rate and agreed upon by the majority of bankers who gathered last October. </div><div class="content_2qtodaynews" style="display: none;"><ul><li>Post this release, the market is still comfortable with profit takingnya after the dollar exchange rate almost touched the highest level in seven months. </li><li>And it continues to trade the Asian session this morning thus benefiting other major currencies. However, this action is expected to be completed when the European session given some good economic data released in Europe and also America tonight. </li><li>The development is shown later in the day with the release of UK retail data sales are expected to decrease in the period from last October from the previous month. </li><li>From the fundamental side Euro itself is still weak by the ECB plan that will ease monetary policy. </li></ul></div><div class="content_3qtodaynews" style="display: none;"><ul><li>From US itself tonight will be released weekly jobless claims data that ended last week and the data on manufacturing performance by the Philadelphia Fed, both the data are expected to show positive data so the potential to lift the dollar back. </li><li>Monitor the strength of the US dollar exchange rate against other currencies on the US dollar index today (02:30:40 GMT) rolling in the range of 99.26, down from 99.54 opening at 0000 GMT. </li><li>Technically, Analyst ZATco Resarch Center see the movement of the US dollar index is based on the high price at 99.82 and the low at 99.32 earlier today, the index is expected to have a resistance in the range of 100.12 and 99.82, while immediate support in the range of 99.26 and 99.00.</li><b>support by ZATco &amp; 20News</b> </ul></div><div style="font-weight: bold;">Read Full Text : <a class="button_1qtodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> <span style="color: red;">Back To Title</span></a><span style="color: red;"> </span><a class="button_2qtodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#" style="color: red;"> Read Text Part 1</a><span style="color: red;"> </span><a class="button_3qtodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#" style="color: red;"> Read Text Part 2</a></div><script src="https://ajax.googleapis.com/ajax/libs/jquery/1.5.1/jquery.min.js" type="text/javascript"> </script> <script> jQuery(document).ready(function(){ jQuery('.button_1qtodaynews').click(function(){ jQuery('.content_1qtodaynews').show('slow'); jQuery('.content_2qtodaynews').hide('slow'); jQuery('.content_3qtodaynews').hide('slow'); return false; }); jQuery('.button_2qtodaynews').click(function(){ jQuery('.content_1qtodaynews').show('slow'); jQuery('.content_2qtodaynews').show('slow'); jQuery('.content_3qtodaynews').hide('slow'); return false; }); jQuery('.button_3qtodaynews').click(function(){ jQuery('.content_1qtodaynews').show('slow'); jQuery('.content_2qtodaynews').hide('slow'); jQuery('.content_3qtodaynews').show('slow'); return false; }); }); </script> <br /><div class="content_1rtodaynews"><h3>Asian Stocks Gain With Oil as Dollar Falls on Dovish Fed Minutes</h3>Stocks rallied across Asia after U.S. Federal Reserve meeting minutes reaffirmed policy makers’ faith in the world’s biggest economy and stressed the pace of any rate increases will be slow. The dollar fell, while precious metals and oil climbed. A measure of regional equities gained 1.4 percent as of 12:35 p.m. in Tokyo after the Fed’s minutes spurred a surge in U.S. equities, with officials saying “it may well become appropriate” to raise rates in December and largely agreeing that the pace of tightening would be gradual. Japan’s currency rallied from a three-month low as the central bank made no change in its monetary policy as expected. “The pace of the rise is what’s much more important than the rate rise itself,” said Angus Gluskie, a managing director who oversees $550 million at White Funds Management in Sydney. “If a rise occurs slowly then markets, investors and consumers all have time to respond to it and adjust accordingly. That’s the ideal circumstance and that’s certainly what the Fed is trying to achieve.” </div><div class="content_2rtodaynews" style="display: none;"><ul><li>Asian stocks and currencies have slipped this year amid investor concern that the U.S. economy isn’t strong enough to withstand the first rate increase since 2006. Economic reports since the Fed refrained from a rate rise in October have been encouraging, with payrolls logging the biggest gain this year and unemployment falling to 5 percent. There’s a 66 percent probability that policy makers will move in December.</li><li>Australia’s S&amp;P/ASX 200 Index rose 1.4 percent, with materials shares leading gains. OzForex Group Ltd. surged 28 percent in Sydney after Western Union Co. offered as much as A$888 million ($632 million) in cash for the provider of online international payment services. Japan’s Topix index added 1 percent, Hong Kong’s Hang Seng Index gained 1.2 percent and the Kospi index climbed 0.9 percent in Seoul. Standard &amp; Poor’s 500 Index futures advanced 0.1 percent after U.S. shares posted their biggest jump since October. </li><li>Hong Kong’s Hang Seng China Enterprises Index advanced 1.2 percent, led by banks and industrial companies. China Construction Bank Corp. and China Railway Group Ltd. were the best performers in the H-shares gauge. The nation’s cabinet was cited by the Xinhua News Agency as saying the government will support targeted industries to upgrade their technology.</li><b>Currencies</b><li>The Bloomberg Dollar Spot Index, a gauge of the currency against 10 peers, fell 0.4 percent, its first decline after a four-day advance. The euro gained 0.4 percent to $1.0697.</li><li>“It’s become easier to take on risk with the Fed helping build the case for a December rate-hike as the consensus view, removing a level of uncertainty from the market,” said Yuji Saito, head of the foreign-exchange department at Credit Agricole SA in Tokyo.</li><li>Asia-Pacific currencies clawed back some of their recent losses on Thursday, with New Zealand’s dollar climbing to 65.25 U.S. cents, the Aussie rising 0.6 percent, Korean won strengthening 0.7 percent and the ringgit gaining 0.8 percent.</li></ul></div><div class="content_3rtodaynews" style="display: none;"><ul><li>The yen gained 0.3 percent to 123.19 per dollar after touching 123.76 on Wednesday, the weakest since Aug. 20. Governor Haruhiko Kuroda, who unleashed unprecedented monetary stimulus at the Bank of Japan in 2013 and doubled down on it last year, is done expanding his efforts, according to an increasing number of economists. Forty-six percent of respondents in a Nov. 13-17 Bloomberg poll didn’t expect the BOJ to boost its current pace of asset purchases in coming months -- up from 33 percent in October. All 41 economists predicted no change at the BOJ’s policy meeting on Thursday.</li>vCommodities</ul></div><br /><br /><br /><br /><li>Oil rallied from the lowest level in more than two months, gaining 0.5 percent to $40.96 per barrel in New York. U.S. inventories rose by 252,000 barrels last week, keeping supplies more than 100 million barrels above the five-year seasonal average, according to the Energy Information Administration. OPEC is confident the market will stabilize itself, Suhail Al Mazrouei, the energy minister of the United Arab Emirates, said in Dubai.</li><li>Palladium gained 1.1 percent, platinum rose 0.9 percent while gold rose 0.5 percent after tumbling to $1,064.55 an ounce on Wednesday, the lowest since February 2010.</li><li>“Gold is caught up in the narrative around Fed tightening, which the market has almost completely priced in right now,” said Jordan Eliseo, chief economist at trader Australian Bullion Co. in Sydney. Gold is due for a bounce after falling almost continuously since mid-October, he said.</li><b>support by ZATco &amp; 20News</b> <br /><div style="font-weight: bold;">Read Full Text : <a class="button_1rtodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> <span style="color: red;">Back To Title</span></a><span style="color: red;"> </span><a class="button_2rtodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#" style="color: red;"> Read Text Part 1</a><span style="color: red;"> </span><a class="button_3rtodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#" style="color: red;"> Read Text Part 2</a></div><div style="color: red;"><script src="https://ajax.googleapis.com/ajax/libs/jquery/1.5.1/jquery.min.js" type="text/javascript"> </script> <script> jQuery(document).ready(function(){ jQuery('.button_1rtodaynews').click(function(){ jQuery('.content_1rtodaynews').show('slow'); jQuery('.content_2rtodaynews').hide('slow'); jQuery('.content_3rtodaynews').hide('slow'); return false; }); jQuery('.button_2rtodaynews').click(function(){ jQuery('.content_1rtodaynews').show('slow'); jQuery('.content_2rtodaynews').show('slow'); jQuery('.content_3rtodaynews').hide('slow'); return false; }); jQuery('.button_3rtodaynews').click(function(){ jQuery('.content_1rtodaynews').show('slow'); jQuery('.content_2rtodaynews').hide('slow'); jQuery('.content_3rtodaynews').show('slow'); return false; }); }); </script> </div><div class="separator" style="clear: both; text-align: center;"><a href="http://1.bp.blogspot.com/-63zgxjgQP_k/Vk2OGtbgqwI/AAAAAAAABMs/I2ko38-Dzzc/s1600/apec%2B2015.gif" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><br /></a></div><div class="content_1stodaynews"><h3>Police Fire Water Cannon on Protesters Near APEC in Manila</h3>Police armed with riot shields fired water cannon and scuffled on Thursday with demonstrators in the Philippine capital, less than a kilometer from where Asia-Pacific leaders were meeting. </div><div class="content_2stodaynews" style="display: none;"><ul><li>Waving placards criticizing the Philippine government for its close ties to the U.S., hundreds of protesters shouted slogans against the Asia-Pacific Economic Cooperation forum as they were pushed back by the police. </li><li>Parts of Manila have been brought to a virtual standstill amid tight security for APEC, with police taking extra measures after last Friday’s deadly terrorist attacks in Paris. Many roads -- usually clogged with traffic -- were blocked off and two days of public holidays declared to keep people away from the meeting areas, while hundreds of flights have been delayed or canceled.</li><li>The Associated Press said there were about 1,000 protesters in the area, airing a grab bag of grievances.</li><li>“We will use reasonable force if necessary,” police spokesman Wilben Mayor said Thursday at a briefing. The water cannon was not turned to a level intended to cause injury and was used to “cool down the emotions” of protesters. Police would exercise maximum tolerance although the gatherings were illegal as they lacked permits, he said.</li><li>Several police were injured in the scuffles, Mayor said.</li></ul></div><div class="content_3stodaynews" style="display: none;"><ul><b>APEC Statement</b><li>Police have said there’s no security threat to the APEC meeting. Several countries have heightened their alerts after the Islamic State attacks on Paris left at least 129 dead. APEC leaders plan to jointly condemn acts of terrorism and urge greater cooperation against militancy, according to a draft communique obtained by Bloomberg.</li><li>The APEC gathering this week coincided with news that Muslim extremist group Abu Sayyaf had beheaded a Malaysian engineer being held hostage in the southern Philippines. Malaysia Prime Minister Najib Razak said he was “shocked and sickened” by the murder of Bernard Then and called on Philippine authorities to take action against the perpetrators.</li><li>A four-decade Muslim insurgency in the southern province of Mindanao has left as many as 200,000 people dead. Militants in the region, including the Abu Sayyaf group, often take hostages for ransom.</li><b>support by ZATco &amp; 20News</b> </ul></div><div style="font-weight: bold;">Read Full Text : <a class="button_1stodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> <span id="goog_859542342"></span><span style="color: red;">Back To Title</span></a><a href="https://www.blogger.com/goog_859542341" style="color: red;"> </a><a class="button_2stodaynews" href="https://www.blogger.com/goog_859542341" style="color: red;"> Read Text Part 1</a><a href="https://www.blogger.com/goog_859542341" style="color: red;"> </a><a class="button_3stodaynews" href="https://www.blogger.com/"><span style="color: red;"> Read Text Part 2</span><span id="goog_859542343"></span></a></div><script src="https://ajax.googleapis.com/ajax/libs/jquery/1.5.1/jquery.min.js" type="text/javascript"> </script> <script> jQuery(document).ready(function(){ jQuery('.button_1stodaynews').click(function(){ jQuery('.content_1stodaynews').show('slow'); jQuery('.content_2stodaynews').hide('slow'); jQuery('.content_3stodaynews').hide('slow'); return false; }); jQuery('.button_2stodaynews').click(function(){ jQuery('.content_1stodaynews').show('slow'); jQuery('.content_2stodaynews').show('slow'); jQuery('.content_3stodaynews').hide('slow'); return false; }); jQuery('.button_3stodaynews').click(function(){ jQuery('.content_1stodaynews').show('slow'); jQuery('.content_2stodaynews').hide('slow'); jQuery('.content_3stodaynews').show('slow'); return false; }); }); </script> <br /><div class="content_1ttodaynews"><h3>Push Oil Prices Rebound Rubber Price Tocom Up</h3>Tocom rubber prices on Thursday morning (19/11) managed to increase. The price of natural rubber futures for the most active contract, namely April 2016 turned the rebound pushed crude oil prices. The increase in rubber prices rebound today pushed crude oil prices at the close of this morning. WTI oil futures prices for December contract closed up 0.20%, to 40.75 dollars per barrel after the results of the FOMC minutes showed the majority of the committee believes appropriate rate of interest will rise in December, but also disputed evidence of the potential for long-term US economic might weak. </div><div class="content_2ttodaynews" style="display: none;"><ul><li>The impact of the increase in crude oil prices make the cost of production of synthetic rubber which is made from crude oil becomes more expensive. </li><li>As a result the demand for synthetic rubber down and raised the demand for natural rubber. Natural rubber price on Tocom for a most-active contract is for April 2016 contracts today opened at 158.4 yen per kilogram. </li><li>The price of natural rubber futures rose by 0.4 yen to 157.9 yen per kilogram position, compared to the previous closing at 157.5 yen per kilogram. </li><li>Analyst ZATco Research Center estimates that the price movement on a trading day Tocom rubber still potentially face negative pressure with sentiment still abundant supplies of crude oil supplies. </li></ul></div><div class="content_3ttodaynews" style="display: none;"><ul><li>IEA stating there are supplies 3 billion barrels of crude oil around the world is becoming weaker back pressure crude prices. Likewise, keep in mind the potential strengthening of the yen exchange rate. </li><li>For today's trading session price is expected to meet with the support level at 153.00 yen positions. </li><li>Next support at 148.00 yen. Meanwhile if the prices continue to strengthen the position will meet resistance at 163.00 yen and 168.00 yen.</li><b>support by ZATco &amp; 20News</b> </ul></div><div style="font-weight: bold;">Read Full Text : <a class="button_1ttodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> <span style="color: red;">Back To Title</span></a><span style="color: red;"> </span><a class="button_2ttodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#" style="color: red;"> Read Text Part 1</a><span style="color: red;"> </span><a class="button_3ttodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#" style="color: red;"> Read Text Part 2</a></div><script src="https://ajax.googleapis.com/ajax/libs/jquery/1.5.1/jquery.min.js" type="text/javascript"> </script> <script> jQuery(document).ready(function(){ jQuery('.button_1ttodaynews').click(function(){ jQuery('.content_1ttodaynews').show('slow'); jQuery('.content_2ttodaynews').hide('slow'); jQuery('.content_3ttodaynews').hide('slow'); return false; }); jQuery('.button_2ttodaynews').click(function(){ jQuery('.content_1ttodaynews').show('slow'); jQuery('.content_2ttodaynews').show('slow'); jQuery('.content_3ttodaynews').hide('slow'); return false; }); jQuery('.button_3ttodaynews').click(function(){ jQuery('.content_1ttodaynews').show('slow'); jQuery('.content_2ttodaynews').hide('slow'); jQuery('.content_3ttodaynews').show('slow'); return false; }); }); </script></div>ZAT Cohttps://plus.google.com/109368630212859290585noreply@blogger.com0tag:blogger.com,1999:blog-3565408594758982642.post-62765221093704323662015-11-13T17:30:00.000+02:002015-11-13T16:11:15.929+02:00TODAY NEWS : Eighty million U.S. jobs at risk and more news<div dir="ltr" style="text-align: left;" trbidi="on"><div dir="ltr" style="text-align: left;" trbidi="on"><br /></div><a href="https://www.fortfs.com/clients/conditions/?38ae721" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" src="https://lh3.googleusercontent.com/-pfU_MDmoL7A/VkXPVDDZ9II/AAAAAAAABLo/F6cLy68tIuw/h120/register%2Bhere.gif" /></a><a href="https://www.fortfs.com/clients/conditions/?38ae721"><input name="Button" onclick="launch()" type="button" value="REGISTER HERE &amp; GET LOW SPREAD NO COMMISSION" /></a> <script src="https://ajax.googleapis.com/ajax/libs/jquery/1.5.1/jquery.min.js" type="text/javascript"> </script> <br /><div class="content_1ktodaynews"><h3>Fed shouldn’t normalize rates before the economy is back to normal</h3><ul><li>We shouldn’t overreact to short-term signals, but a good month of jobs data and a Federal Open Market Committee statement with the subtlety of a sledgehammer suggest that even though economic data say that a rate hike is inconsistent with the Fed’s long-term positions, an increase is nevertheless looking pretty likely next month.</li><li>What comes next is going to be interesting. Should we assume the Fed is committing to a normal series of rate increases we would expect following a recession?</li><b>Complicating any analysis of the Fed’s medium-term goals is a dearth of inflation.</b><li>Just this week we saw more research from Fed economists making the point that if you look really hard for inflation, you still don’t see any signs it’s on the way. It’s true that predicting inflation is hard, even for markets, but an interest-rate hike at this point — where nobody sees inflation on the horizon — makes it very hard to identify the Fed’s planned path over the next year. It all depends on what the Fed thinks about the real economy, and whether that matters.</li><li>Earlier this year, advocates of a rate hike made the case that getting above zero was a priority. So much so that a little hike and a long pause was put forward as sensible policy. That may yet be the plan — and the fundamentals of the real economy suggest it is the most appropriate plan that involves a rate hike. Of course this plan has major downsides — if you take the risk of recession seriously, we’re talking about setting up speed bumps in the Fed’s ability to respond to a negative shock.</li><li>Another possibility is the Fed is planning a more normal path of rate increases. Some market-based forecasts now show a significant chance that rates will be above 1% by this time next year. While that view is even more at odds with the real economy we expect in 2016 right now, it is perhaps more consistent with a central bank that is hoping to get back to normal interest rates sooner than macroeconomic conditions warrant.</li></ul></div><div class="content_2ktodaynews" style="display: none;"><a href="https://www.fortfs.com/clients/conditions/?38ae721" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" src="https://lh3.googleusercontent.com/-pfU_MDmoL7A/VkXPVDDZ9II/AAAAAAAABLo/F6cLy68tIuw/h120/register%2Bhere.gif" /></a><b>By Michael Madowitz </b><br /><ul><li>In other words, some forecasters think we could see normalization of monetary policy before we see normalization in the real economy. That’s weirder than it sounds, because getting rates back to normal sooner means getting the real economy back to healthy, stable inflation levels slower.</li><li>Of course normalization is in the eye of the beholder. It’s clear that equilibrium real rates are lower today than they were before the recession, and if China’s slowing growth is a real thing, this will certainly be true a year from now. The way you normalize policy under these conditions is to get inflation up to normal levels quickly, an idea that doesn’t square with the Fed signaling a December rate increase with all the subtlety of a romance novel.</li><li>So what is the Fed’s plan? It’s really hard to say. In this sense, a rate hike in December may be a pyrrhic victory for Fed credibility. It will make all the statements about a rate hike before the end of 2015 true, but it makes it really hard to put stock in any claims about monetary policy in 2016. The Fed can only ignore the real economy so long.</li></ul></div><div class="content_3ktodaynews" style="display: none;"><a href="https://www.fortfs.com/clients/conditions/?38ae721" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" src="https://lh3.googleusercontent.com/-pfU_MDmoL7A/VkXPVDDZ9II/AAAAAAAABLo/F6cLy68tIuw/h120/register%2Bhere.gif" /></a><b>By Michael Madowitz </b><br /><ul><li>Central banks have spent much of the recovery trying to get ahead of inflation, and in a sense they have succeeded, just too soon and too strongly. The Fed remains a holdout on raising rates, but as we get closer to what looks like a December rate hike, it’s worth noting that you can’t will a rate increase to stick.</li><li>Whatever happens over the next month, let’s hope the FOMC can settle on some concrete measures of progress in the real economy to anchor expectations going forward.</li><li>Short-term market volatility is not a good thing, but overly hawkish policy that locks in the labor force losses of the Great Recession is a much bigger problem in the long term. If you don’t like super-low interest rates, focusing on the real economy is the way to prevent them in the future.</li></ul>support by ZATco &amp; 20News </div><div style="font-weight: bold;">Read Full Text : <a class="button_1ktodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> <span style="color: red;">Back To Title</span></a><span style="color: red;"> </span><a class="button_2ktodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#" style="color: red;"> Read Text Part 1</a><span style="color: red;"> </span><a class="button_3ktodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#" style="color: red;"> Read Text Part 2</a></div><script src="https://ajax.googleapis.com/ajax/libs/jquery/1.5.1/jquery.min.js" type="text/javascript"> </script> <script> jQuery(document).ready(function(){ jQuery('.button_1ktodaynews').click(function(){ jQuery('.content_1ktodaynews').show('slow'); jQuery('.content_2ktodaynews').hide('slow'); jQuery('.content_3ktodaynews').hide('slow'); return false; }); jQuery('.button_2ktodaynews').click(function(){ jQuery('.content_1ktodaynews').show('slow'); jQuery('.content_2ktodaynews').show('slow'); jQuery('.content_3ktodaynews').hide('slow'); return false; }); jQuery('.button_3ktodaynews').click(function(){ jQuery('.content_1ktodaynews').show('slow'); jQuery('.content_2ktodaynews').hide('slow'); jQuery('.content_3ktodaynews').show('slow'); return false; }); }); </script> <script src="https://ajax.googleapis.com/ajax/libs/jquery/1.5.1/jquery.min.js" type="text/javascript"> </script> <br /><div class="content_1az"><h3>That massive big-bank cyberfraud, in jaw-dropping numbers</h3>100 million people hacked, 30 fake passports and more The eye-popping numbers in the J.P. Morgan hacking case’s indictment reveal the scope of the alleged wrongdoing. </div><div class="content_2az" style="display: none;"><a href="https://www.fortfs.com/clients/conditions/?38ae721" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" src="https://lh3.googleusercontent.com/-pfU_MDmoL7A/VkXPVDDZ9II/AAAAAAAABLo/F6cLy68tIuw/h120/register%2Bhere.gif" /></a><b>By Victor Reklaitis</b><br /><ul><li>It’s been called one of the biggest cybercrimes in history, involving the theft of data from millions upon millions of people, and requiring a massive worldwide ring of accomplices.</li><li>Federal prosecutors say a “diversified criminal conglomerate” of fraudsters hacked into companies, including banks such as J.P. Morgan, to steal customers’ personal details that they then used to carry out pump-and-dump stock schemes. The data theft also made it possible for the criminals to run illegal Internet casinos and even an unlicensed bitcoin exchange.</li><li>The range of hacking was “breathtaking,” Manhattan U.S. Attorney Preet Bharara said Tuesday.</li><li>Three men have been charged in the case. Take a look at these eye-popping numbers from the indictment to get a glimpse at the scope of the cybercrime empire:</li></ul></div><div class="content_3az" style="display: none;"><a href="https://www.fortfs.com/clients/conditions/?38ae721" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" src="https://lh3.googleusercontent.com/-pfU_MDmoL7A/VkXPVDDZ9II/AAAAAAAABLo/F6cLy68tIuw/h120/register%2Bhere.gif" /></a><b>By Victor Reklaitis</b><br /><ul>100 million people had their sensitive information stolen. <li>12 companies, including J.P. Morgan Chase &amp; Co. , online brokerages like E*Trade Financial Corp. were allegedly hacked. Also on the list is News Corp.’s Dow Jones unit, which publishes MarketWatch and The Wall Street Journal.</li><li>$100 million earned in illicit proceeds by alleged mastermind Gery Shalon, with the haul stashed in Swiss and other bank accounts. Overall, Shalon and his co-conspirators are believed to have taken in hundreds of millions of dollars through alleged wrongdoing.</li><li>75 shell companies around the world were used by those charged as they “operated their criminal schemes” and “laundered their vast criminal proceeds,” prosecutors allege.</li><li>30 false passports from 17 nations were among the “approximately 200 purported identification documents,” including fake U.S. credentials, used by the crime ring in its operations.</li><li>270 employees in Ukraine and Hungary appear to have worked for the illegal online casino business.</li><li>10 publicly traded stocks got a boost from the conglomerate’s “email promotional campaigns,” a New York company was told in around June 2011. The conglomerate said the emails — thought to have used stolen addresses — resulted in “substantial trading volume in ten particular publicly traded stocks,” the indictment says. That’s just part of the alleged pump-and-dump activity.</li><li>30 U.S. states: Shalon in January 2010 arranged to mail out advertisements promoting the Internet casinos to up to 100,000 U.S. residents in more than 30 states, the indictment says.</li><li>Also read: New York bank regulator proposes new cybersecurity rules</li></ul>support by ZATco &amp; 20News </div><div style="font-weight: bold;">Read Full Text : <a class="button_1az" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> <span style="color: red;">Back To Title</span></a><span style="color: red;"> </span><a class="button_2az" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#" style="color: red;"> Read Full Text Part 1</a><span style="color: red;"> </span><a class="button_3az" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#" style="color: red;"> Read Full Text Part 2</a></div><script src="https://ajax.googleapis.com/ajax/libs/jquery/1.5.1/jquery.min.js" type="text/javascript"> </script> <script> jQuery(document).ready(function(){ jQuery('.button_1az').click(function(){ jQuery('.content_1az').show('slow'); jQuery('.content_2az').hide('slow'); jQuery('.content_3az').hide('slow'); return false; }); jQuery('.button_2az').click(function(){ jQuery('.content_1az').show('slow'); jQuery('.content_2az').show('slow'); jQuery('.content_3az').hide('slow'); return false; }); jQuery('.button_3az').click(function(){ jQuery('.content_1az').show('slow'); jQuery('.content_2az').hide('slow'); jQuery('.content_3az').show('slow'); return false; }); }); </script> <script src="https://ajax.googleapis.com/ajax/libs/jquery/1.5.1/jquery.min.js" type="text/javascript"> </script> <br /><div class="content_1ltodaynews"><h3>Eighty million U.S. jobs at risk from automation, central bank official says</h3>Eighty million U.S. jobs are at risk from automation, a central bank official said Thursday. Bank of England chief economist Andy Haldane, speaking at the Trades Union Congress in London, said 80 million U.S. and 15 million U.K. jobs are in danger of being taken over by robots. </div><div class="content_2ltodaynews" style="display: none;"><a href="https://www.fortfs.com/clients/conditions/?38ae721" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" src="https://lh3.googleusercontent.com/-pfU_MDmoL7A/VkXPVDDZ9II/AAAAAAAABLo/F6cLy68tIuw/h120/register%2Bhere.gif" /></a><b>By Steve Goldstein </b><br /><ul>In October, the U.S. employed close to 143 million people outside the farm sector. <li>Haldane added the jobs that are most at risk from automation tend to have the lowest wage. “In other words, technology could act like a regressive income tax on the unskilled. It could further widen income disparities,” he said.</li><li>He did allow that, in past experience, technological advances end up boosting demand for new goods from new industries requiring new workers.</li>“Yet the smarter machines become, the greater the likelihood that the space remaining for uniquely-human skills could shrink further,” Haldane said. He said what was previously unthinkable even a decade ago is now reality, like a driverless car. <li>Being a central banker, Haldane further pointed out that the narrowing of slack is having less impact on wages than in the past. “That might arise because technology has made it easier and cheaper than ever before to substitute labor for capital, man for machine,” he said.</li>He said the case for raising interest rates in the U.K. “is still some way from being made.” support by ZATco &amp; 20News </ul></div><div class="content_3ltodaynews" style="display: none;">NO TEXT </div><div style="font-weight: bold;">Read Full Text : <a class="button_1ltodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> <span style="color: red;">Back To Title</span></a><span style="color: red;"> </span><a class="button_2ltodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#" style="color: red;"> Read Text Part 1</a><span style="color: red;"> </span><a class="button_3ltodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#" style="color: red;"> Read Text Part 2</a></div><script src="https://ajax.googleapis.com/ajax/libs/jquery/1.5.1/jquery.min.js" type="text/javascript"> </script> <script> jQuery(document).ready(function(){ jQuery('.button_1ltodaynews').click(function(){ jQuery('.content_1ltodaynews').show('slow'); jQuery('.content_2ltodaynews').hide('slow'); jQuery('.content_3ltodaynews').hide('slow'); return false; }); jQuery('.button_2ltodaynews').click(function(){ jQuery('.content_1ltodaynews').show('slow'); jQuery('.content_2ltodaynews').show('slow'); jQuery('.content_3ltodaynews').hide('slow'); return false; }); jQuery('.button_3ltodaynews').click(function(){ jQuery('.content_1ltodaynews').show('slow'); jQuery('.content_2ltodaynews').hide('slow'); jQuery('.content_3ltodaynews').show('slow'); return false; }); }); </script> <script src="https://ajax.googleapis.com/ajax/libs/jquery/1.5.1/jquery.min.js" type="text/javascript"> </script> <br /><div class="content_1mtodaynews"><h3>BlackBerry is back, but do investors know it?</h3>BlackBerry has a ton of positives going for it, but continued focus on its handset business rather than other areas of the company continue to feed the negative narrative. The reality is that real buyers are stepping back into BlackBerry. From a valuation standpoint, BlackBerry Ltd looks great, but that's not why buyers exist. </div><div class="content_2mtodaynews" style="display: none;"><a href="https://www.fortfs.com/clients/conditions/?38ae721" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" src="https://lh3.googleusercontent.com/-pfU_MDmoL7A/VkXPVDDZ9II/AAAAAAAABLo/F6cLy68tIuw/h120/register%2Bhere.gif" /></a><b>By Thomas H. Kee Jr. </b><br /><ul><li>The valuation looks great because the company has $3 billion in cash, $1.7 billion after accounting for debt, $473 million of free cash flow, and a market cap of only $4.3 billion. The market cap of BlackBerry BBRY, +0.13% less cash is $2.5 billion, which is less than revenue, which suggests that BBRY is realizing 18.9% of its cash-adjusted market cap as cash flow right now.</li><li>Think about that. If there's no growth in BBRY, the cash flow alone should produce about double-digit growth in the years ahead.</li><li>Revenue is $2.6 billion, and although revenue has declined in recent years, the company, who had been forecasting declining revenue all through that declining period, suggested that not only would revenue stabilize, but they would finally start to improve from the most recent quarterly report.</li><b>We call that a turning point.</b><li>Everything aside, BBRY does not look like a company that is poised to implode on a financial-metric basis, but the company has also taken integral steps to solidify businesses in the mobile-security space, it’s winning thousands of customers, has integrated mobile security into more cars than all of its competition combined, and although media loves to portray BBRY as being a company that may not survive, that's clearly far from true.</li><li>Unfortunately, that has driven investor sentiment. Investors never like to hear negatives, and there have been enough negative news from BBRY over the years to make even the strongest investors question themselves, but the financial metrics are sound, and no matter what happens valuation analysis that is based on those metrics is as well.</li></ul></div><div class="content_3mtodaynews" style="display: none;"><a href="https://www.fortfs.com/clients/conditions/?38ae721" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" src="https://lh3.googleusercontent.com/-pfU_MDmoL7A/VkXPVDDZ9II/AAAAAAAABLo/F6cLy68tIuw/h120/register%2Bhere.gif" /></a><b>By Thomas H. Kee Jr. </b><br /><ul b="">That shifts the scales.</ul></div><br /><br /><br /><li>Now, those 78 million shares that are short have something to worry about. In many ways, some of those short sellers were enticed by the media to take positions because they believed that BBRY was going to $0, falling apart, and beyond repair, but as all of these negative influences played out over the past few years John Chen has done a great job of curtailing all of those negatives, and repositioning the company, but that does not mean neglecting past businesses.</li><li>The focus of almost all investor attention is the handset business, even though it is less important to BBRY than it ever was. This attention also is what influences sentiment, especially when headlines exist that suggest BBRY may exit handsets, but that will never happen in our opinion.</li><li>BBRY produces a vertical channel of mobile security and an integral part of that is the handsets. If for no other reason than to demonstrate capability and sell to governments, BBRY will always be in the handset business in my opinion, but that can be taken a step further now.</li><li>Immediate valuations place no value on the new BBRY Smartphone, the PRIV. In fact, I would go so far as to say that investors believe the PRIV will be a flop. The interesting part is that this is already seen as a negative catalyst, a non-winner if you will, and the improved revenue projections do not suggest a robust reception for PRIV at all, which changes the dynamic completely.</li><b>If it can't be a negative, could it be a positive?</b><li>As I have said before, the handset business continues to be a wildcard for BBRY. The company has already stabilized, integrated mobile security businesses are already growing, valuation is already good, growth rates are already quantifiable, significant short interest is already there and may need to cover, and the PRIV was just released.</li><li>The PRIV cannot be a negative, that's already been built in, but it can be a huge positive. I am not sure if it will come, but if there is even a slight hint that the PRIV is being received well on a global basis BBRY is going to spike even more than it has over the past week or so.</li>In my opinion, BlackBerry is back. Investors should take notice. support by ZATco &amp; 20News <br /><div style="font-weight: bold;">Read Full Text : <a class="button_1mtodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> <span style="color: red;">Back To Title</span></a><span style="color: red;"> </span><a class="button_2mtodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#" style="color: red;"> Read Text Part 1</a><span style="color: red;"> </span><a class="button_3mtodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#" style="color: red;"> Read Text Part 2</a></div><script src="https://ajax.googleapis.com/ajax/libs/jquery/1.5.1/jquery.min.js" type="text/javascript"> </script> <script> jQuery(document).ready(function(){ jQuery('.button_1mtodaynews').click(function(){ jQuery('.content_1mtodaynews').show('slow'); jQuery('.content_2mtodaynews').hide('slow'); jQuery('.content_3mtodaynews').hide('slow'); return false; }); jQuery('.button_2mtodaynews').click(function(){ jQuery('.content_1mtodaynews').show('slow'); jQuery('.content_2mtodaynews').show('slow'); jQuery('.content_3mtodaynews').hide('slow'); return false; }); jQuery('.button_3mtodaynews').click(function(){ jQuery('.content_1mtodaynews').show('slow'); jQuery('.content_2mtodaynews').hide('slow'); jQuery('.content_3mtodaynews').show('slow'); return false; }); }); </script> <script src="https://ajax.googleapis.com/ajax/libs/jquery/1.5.1/jquery.min.js" type="text/javascript"> </script> <br /><div class="content_1ntodaynews"><h3>Workers aren’t quitting to take up the surge in available jobs</h3><ul><li>There’s good and bad news in the latest job openings and labor turnover report.</li><li>The good: the number of open jobs rose in September to the second-highest level on record. Job openings climbed to a seasonally adjusted 5.53 million from 5.38 million in August, the Labor Department said Thursday.</li><li>The bad: the quits rate stayed at 1.9% for the sixth month in a row. That’s still below the 2.1% average in the year before the Great Recession ravaged the U.S. economy.</li></ul></div><div class="content_2ntodaynews" style="display: none;"><a href="https://www.fortfs.com/clients/conditions/?38ae721" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" src="https://lh3.googleusercontent.com/-pfU_MDmoL7A/VkXPVDDZ9II/AAAAAAAABLo/F6cLy68tIuw/h120/register%2Bhere.gif" /></a><b>By Steve Goldstein </b><br /><ul><li>Workers quitting in greater numbers is viewed as a sign of confidence because it indicates they can find another — perhaps better paying — job. Federal Reserve Chairwoman Janet Yellen said she pays close attention to this measure to help assess the health of the labor market.</li><b>Two explanations could explain the paradox.</b><li>One is that employers aren’t offering high enough pay to fill these spots. Keep in mind that the report covers September. The good news on the pay front came in the employment report for October, when average hourly earnings saw the biggest year-over-year gain since 2009. Yet that was just one month, so there’s a possibility of a one-month anomaly. Furthermore, the 2.5% growth in average hourly pay isn’t anything to write home about.</li></ul></div><div class="content_3ntodaynews" style="display: none;"><a href="https://www.fortfs.com/clients/conditions/?38ae721" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" src="https://lh3.googleusercontent.com/-pfU_MDmoL7A/VkXPVDDZ9II/AAAAAAAABLo/F6cLy68tIuw/h120/register%2Bhere.gif" /></a><b>By Steve Goldstein </b><br /><ul><li>The other is a so-called skills mismatch. With the unemployment rate cut in half from its peak, the available pool of labor isn’t as desirable as before. The long-term employed lose skills while sitting out of the jobs market, which makes it difficult for employers to find the right talent. Most polls of executives highlight that problem as a leading concern of businesses.</li><li>Other findings from the report show that growth in job openings came from relatively high-paying business services and from relatively low-paying retailers.</li></ul>support by ZATco &amp; 20News </div><div style="font-weight: bold;">Read Full Text : <a class="button_1ntodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> <span style="color: red;">Back To Title</span></a><span style="color: red;"> </span><a class="button_2ntodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#" style="color: red;"> Read Text Part 1</a><span style="color: red;"> </span><a class="button_3ntodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#" style="color: red;"> Read Text Part 2</a></div><script src="https://ajax.googleapis.com/ajax/libs/jquery/1.5.1/jquery.min.js" type="text/javascript"> </script> <script> jQuery(document).ready(function(){ jQuery('.button_1ntodaynews').click(function(){ jQuery('.content_1ntodaynews').show('slow'); jQuery('.content_2ntodaynews').hide('slow'); jQuery('.content_3ntodaynews').hide('slow'); return false; }); jQuery('.button_2ntodaynews').click(function(){ jQuery('.content_1ntodaynews').show('slow'); jQuery('.content_2ntodaynews').show('slow'); jQuery('.content_3ntodaynews').hide('slow'); return false; }); jQuery('.button_3ntodaynews').click(function(){ jQuery('.content_1ntodaynews').show('slow'); jQuery('.content_2ntodaynews').hide('slow'); jQuery('.content_3ntodaynews').show('slow'); return false; }); }); </script> <br /><div class="content_1otodaynews"><h3>Euro trades at highest level in a week as Yellen avoids rate-hike talk</h3>Investors are looking ahead to remarks from Fed’s Fischer The euro traded at its highest level in a week Thursday, as Federal Reserve Chairwoman Janet Yellen’s reluctance to discuss the central bank’s interest-rate outlook made dollar bulls nervous. </div><div class="content_2otodaynews" style="display: none;"><a href="https://www.fortfs.com/clients/conditions/?38ae721" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" src="https://lh3.googleusercontent.com/-pfU_MDmoL7A/VkXPVDDZ9II/AAAAAAAABLo/F6cLy68tIuw/h120/register%2Bhere.gif" /></a><b>By Joseph Adinolfi</b><br /><ul><li>The euro traded at its highest level in a week Thursday, as Federal Reserve Chairwoman Janet Yellen’s reluctance to discuss the central bank’s interest-rate outlook made dollar bulls nervous.</li><li>In her opening remarks to a two-day research conference sponsored by the Fed, Yellen said nothing about the possibility of an interest-rate increase at the Fed’s December policy meeting.</li><li>Yellen’s decision to sidestep specific talk about a possible interest-rate increase helped spark a bout of short-covering that pushed the euro higher throughout the day, said Doug Borthwick, the head of foreign exchange at Chapdelaine &amp; Co.</li>“The market wants them to talk about the elephant in the room,” Borthwick said. “They’re not saying a rate hike is off the table in December, but they’re not reinforcing it.” <li>Richmond Fed President Jeffrey Lacker also neglected to discuss interest rates in a speech made Thursday morning, Eastern Time.</li><li>The shared currency traded at $1.0814 late Thursday in New York, an increase of 0.4% from $1.0764 late Wednesday.</li><li>Official data showing that job openings rose to the second-highest level on record in September briefly helped support the dollar. But ultimately, uncertainty about the Fed won out.</li></ul></div><div class="content_3otodaynews" style="display: none;"><a href="https://www.fortfs.com/clients/conditions/?38ae721" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" src="https://lh3.googleusercontent.com/-pfU_MDmoL7A/VkXPVDDZ9II/AAAAAAAABLo/F6cLy68tIuw/h120/register%2Bhere.gif" /></a><b>By Joseph Adinolfi</b><br /><ul><li>In its most recent policy statement, the Fed’s rate-setting committee stressed that it would need to see signs that the labor-market recovery is progressing to justify a hike at its December policy meeting.</li>“The labor market is definitely tightening,” said Boris Schlossberg, managing director of FX strategy at BK Asset Management. “And the October NFP finally showed a significant uptick in wages.” <li>Earlier in the session, the euro briefly fell below $1.0691, a level not seen since April, according to FactSet, as European Central Bank President Mario Draghi once again suggested that the ECB would expand its massive asset-purchasing program in December.</li><li>Investors are now looking ahead to remarks from Federal Reserve Vice Chairman Stanley Fischer, who is expected to begin speaking at 6 p.m. Eastern.</li><li>In other currency trading, the buck fell to its weakest level against the yen since Friday’s jobs report, trading at ¥122.57 late Thursday, compared with ¥122.85 late Wednesday. It also edged lower against the British pound .</li><li>The ICE U.S. Dollar , a measure of the dollar’s strength against a basket of six of its rivals, declined by 0.5% to 98.5450.</li></ul>support by ZATco &amp; 20News </div><div style="font-weight: bold;">Read Full Text : <a class="button_1otodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> <span style="color: red;">Back To Title</span></a><span style="color: red;"> </span><a class="button_2otodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#" style="color: red;"> Read Text Part 1</a><span style="color: red;"> </span><a class="button_3otodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#" style="color: red;"> Read Text Part 2</a></div><script src="https://ajax.googleapis.com/ajax/libs/jquery/1.5.1/jquery.min.js" type="text/javascript"> </script> <script> jQuery(document).ready(function(){ jQuery('.button_1otodaynews').click(function(){ jQuery('.content_1otodaynews').show('slow'); jQuery('.content_2otodaynews').hide('slow'); jQuery('.content_3otodaynews').hide('slow'); return false; }); jQuery('.button_2otodaynews').click(function(){ jQuery('.content_1otodaynews').show('slow'); jQuery('.content_2otodaynews').show('slow'); jQuery('.content_3otodaynews').hide('slow'); return false; }); jQuery('.button_3otodaynews').click(function(){ jQuery('.content_1otodaynews').show('slow'); jQuery('.content_2otodaynews').hide('slow'); jQuery('.content_3otodaynews').show('slow'); return false; }); }); </script> <br /><div class="content_1ptodaynews"><h3>U.K. stocks end at lowest level in more than a month</h3>Commodity stocks, Rolls-Royce tumble; Burberry lifts interim dividend U.K. stocks fall Thursday, with commodities under pressure and Rolls-Royce Holdings sinking on the back of a profit warning from the aero-engine maker </div><div class="content_2ptodaynews" style="display: none;"><a href="https://www.fortfs.com/clients/conditions/?38ae721" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" src="https://lh3.googleusercontent.com/-pfU_MDmoL7A/VkXPVDDZ9II/AAAAAAAABLo/F6cLy68tIuw/h120/register%2Bhere.gif" /></a><b>By Carla Mozee</b><br /><ul><li>British blue-chip stocks dropped by the most in six weeks on Thursday, leaving the benchmark FTSE 100 at its lowest level in more than a month.</li><li>Commodity shares slumped as metals prices slid, while Rolls-Royce Holdings PLC shares sank on the back of the aircraft-engine maker’s profit warning.</li><li>Only five shares on the FTSE 100 finished higher. The performance left the benchmark down by 1.9%, the sharpest percentage loss since Sept. 28, FactSet data showed. Its close at 6,178.68 was the worst since Oct. 2.</li><li>For the FTSE 100, “we’ve been going sideways basically for a month” and “the fact that we’ve dropped through 6,250, to me, is a bit of a gamechanger,” said Jasper Lawler, market analyst at CMC Markets. “It speaks to some weakness to come.”</li><li>The FTSE 100 was on track for a weekly fall of 2.8%. It is down 13% since hitting an all-time of 7,103.98 on April 27.</li><li>All but the utilities sector fell Thursday, with a 4% drop among miners. Gold prices were trading at their lowest in about five years, “which in and of itself isn’t an issue, but it is matching similar drops in copper and oil. Commodities are reacting to the downside ahead of equities in worry over a potential Fed rate hike in December,” Lawler said.</li><li>Copper producer Antofagasta PLC lost 4.9% as copper futures fell more than 2%. Anglo American PLC shed 8.7% and Glencore PLC ended down by 7.6%.</li></ul></div><div class="content_3ptodaynews" style="display: none;"><a href="https://www.fortfs.com/clients/conditions/?38ae721" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" src="https://lh3.googleusercontent.com/-pfU_MDmoL7A/VkXPVDDZ9II/AAAAAAAABLo/F6cLy68tIuw/h120/register%2Bhere.gif" /></a><b>By Carla Mozee</b><br /><ul> <b>Oil prices</b><li>stumbled by more than 2%. That pressured shares of major oil companies BP PLC and Royal Dutch Shell PLC , which fell 2.8% and 2.5%, respectively.</li><li>U.S. stocks were hit hard Thursday, as well, after St. Louis Fed President James Bullard said “prudence alone” suggests the Fed should be nudging up interest rates and shrinking its balance sheet back towards more “normal settings.”</li><li>Aerospace activity: Rolls-Royce shares tumbled 19%, marking the biggest plunge since a 22.4% tumble in August 2000. The sharp selling was triggered after the company said it may cut its dividend as it downgraded its earnings outlook for this year and next.</li><li>Rolls-Royce, which produces aircraft engines for Boeing Co. 787 Dreamliners and Airbus Group SE A380 superjumbos, said its “negative outlook reflects sharply weaker demand in 2016, including in wide-bodied aftermarket, corporate and regional aerospace markets and offshore marine.”</li><b>Rolls-Royce shares have fallen for six straight sessions.</b><li>Shares of aerospace, defense and energy group Meggitt PLC were down 3.2%. Meggit last month issued its own profit warning. Also under pressure Thursday was engineering services provider Smiths Group PLC , as its shares gave up 5.1%.</li><li>Aerospace industry heavyweight BAE Systems PLC on Thursday also cut its earnings outlook for the year and said it would cut more jobs, but its shares bucked the losing trend to rise 3.8%.</li><li>Other movers: Meanwhile, International Consolidated Airlines Group SA fell 2.4%. The British Airways parent launched a 1-billion euro ($1.08 billion), two-tranche convertible bond offering on Thursday.</li><li>Burberry PLC shares reversed gains and fell 1.7%. Earlier Thursday, the luxury-goods maker reported a 14% rise in first-half profit and raised its interim dividend by 5%, despite flat revenue.</li></ul>support by ZATco &amp; 20News </div><div style="font-weight: bold;">Read Full Text : <a class="button_1ptodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> <span style="color: red;">Back To Title</span></a><span style="color: red;"> </span><a class="button_2ptodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#" style="color: red;"> Read Text Part 1</a><span style="color: red;"> </span><a class="button_3ptodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#" style="color: red;"> Read Text Part 2</a></div><script src="https://ajax.googleapis.com/ajax/libs/jquery/1.5.1/jquery.min.js" type="text/javascript"> </script> <script> jQuery(document).ready(function(){ jQuery('.button_1ptodaynews').click(function(){ jQuery('.content_1ptodaynews').show('slow'); jQuery('.content_2ptodaynews').hide('slow'); jQuery('.content_3ptodaynews').hide('slow'); return false; }); jQuery('.button_2ptodaynews').click(function(){ jQuery('.content_1ptodaynews').show('slow'); jQuery('.content_2ptodaynews').show('slow'); jQuery('.content_3ptodaynews').hide('slow'); return false; }); jQuery('.button_3ptodaynews').click(function(){ jQuery('.content_1ptodaynews').show('slow'); jQuery('.content_2ptodaynews').hide('slow'); jQuery('.content_3ptodaynews').show('slow'); return false; }); }); </script> <br /><div class="content_1qtodaynews"><h3>U.S. stocks ring up losses as Macy’s disappoints, energy sector slumps</h3>A 14% decline of shares in Macy’s may be a bad omen for retailers U.S. stocks ended Wednesday’s session lower as a selloff in energy shares that was triggered by a drop in oil prices weighed on the main indexes. </div><div class="content_2qtodaynews" style="display: none;"><a href="https://www.fortfs.com/clients/conditions/?38ae721" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" src="https://lh3.googleusercontent.com/-pfU_MDmoL7A/VkXPVDDZ9II/AAAAAAAABLo/F6cLy68tIuw/h120/register%2Bhere.gif" /></a><b>By Anora Mahmudova</b><br /><ul><li>U.S. stocks ended Wednesday’s session lower, as disappointing quarterly results from Macy’s and a selloff in energy stocks weighed on the major stock-market indexes.</li>“Markets are a little bit fatigued after charging higher since late September, which saw the S&amp;P 500 retrace all of the falls since China first announced currency devaluation,” said Ryan Larson, head of equity trading at RBC Global Asset Management. <b>“It’s not uncharacteristic for markets to pause in a week light on news and catalysts,” Larson said.</b><li>Market participants said trading volumes were lower than usual as bond markets and banks closed in observance of Veterans Day.</li><li>The S&amp;P 500 gave up 6.72 points, or 0.3%, to close at 2,075.00. Energy, off 1.9%, and health-care, 0.9% lower, led losses. The broad-market index has been down five of the past six sessions. A nearly 3% tumble in West Texas Intermediate crude oil, sparked by a renewed concern of a U.S. supply gut, resulted in oil prices sinking below $43 a barrel.</li><li>The Dow Jones Industrial Average shed 55.99 points, or 0.3%, to close at 17,702.22. The Nasdaq Composite ended the day down 16.22 points, or 0.3%, at 5,067.02.</li><li>The most recent moves by U.S. stocks suggest “that markets have finally priced in Friday’s nonfarm payrolls surprise and the potential for a more hawkish Fed,” said Colin Cieszynski, chief market strategist at CMC Markets, in a Wednesday research note. The blowout October jobs report released Nov. 6 is widely viewed as having given the Federal Reserve the green light to raise rates next month.</li><li>In corporate news, Anheuser-Busch InBev NV early Wednesday said it had formally agreed to buy SABMiller PLC for about $106 billion, as SABMiller agreed to sell its 58% stake in the MillerCoors LLC joint venture to its partner Molson Coors Brewing Co. . That sale of MillerCoors is necessary for AB InBev to get approval from U.S. regulators to buy SABMiller. Molson Coors Brewing shares rose 4.4%, while American depositary receipts of Anheuser-Busch rose 2.2%.</li></ul></div><div class="content_3qtodaynews" style="display: none;"><a href="https://www.fortfs.com/clients/conditions/?38ae721" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" src="https://lh3.googleusercontent.com/-pfU_MDmoL7A/VkXPVDDZ9II/AAAAAAAABLo/F6cLy68tIuw/h120/register%2Bhere.gif" /></a><b>By Anora Mahmudova</b><br /><ul>“The merger news between brewers and record corporate debt issuance suggests there is more M&amp;A activity to come, which should be supportive for the market, as companies usually pay a premium when buying other companies,” said Chris Gaffney, president at EverBank World Markets. <li>However, Gaffney warned that if earnings growth and consumer spending don’t improve over the next few quarters, markets may need to reprice.</li>“We saw wage inflation in the last jobs report but it’s only one report. Consumers will need to start spending their savings from lower gasoline prices. If it doesn’t happen, we might see another correction,” Gaffney said. <b>Individual movers:</b><li>Macy’s Inc. shares closed about 14% lower after the retailer reported weaker-than-expected third-quarter sales and cut its guidance for the year. The department-store chain said it won’t pursue a spinoff of its real-estate assets.</li><b>Also read: Investors fear Macy’s is a red flag for other retailers<b><li>Meanwhile, oil companies faced another selloff as crude-oil futures dropped sharply on rising supply fears. Oil futures fell 2.9% to settle at $42.93 a barrel. Among biggest decliners on the S&amp;P 500 were Marathon Oil Corp. and Cabot Oil &amp; Gas Corp which both fell nearly 8%.</li><b>Read: What falling copper prices say about the world economy<b><li>Other markets: Asian stock markets closed mostly higher, and European stocks finished higher. China’s industrial output rose 5.6% in October, below expectations and suggesting the worst may not be over as that economy decelerates.</li><li>Gold futures settled lower, falling 0.3%, to $1,084.90 an ounce, it’s lowest level in more than five years. The U.S. Dollar Index, a measure of the dollar’s strength against a basket of rivals, dropped 0.3% to 98.970.</li></b></b></b></b></ul>support by ZATco &amp; 20News </div><div style="font-weight: bold;">Read Full Text : <a class="button_1qtodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> <span style="color: red;">Back To Title</span></a><span style="color: red;"> </span><a class="button_2qtodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#" style="color: red;"> Read Text Part 1</a><span style="color: red;"> </span><a class="button_3qtodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#" style="color: red;"> Read Text Part 2</a></div><script src="https://ajax.googleapis.com/ajax/libs/jquery/1.5.1/jquery.min.js" type="text/javascript"> </script> <script> jQuery(document).ready(function(){ jQuery('.button_1qtodaynews').click(function(){ jQuery('.content_1qtodaynews').show('slow'); jQuery('.content_2qtodaynews').hide('slow'); jQuery('.content_3qtodaynews').hide('slow'); return false; }); jQuery('.button_2qtodaynews').click(function(){ jQuery('.content_1qtodaynews').show('slow'); jQuery('.content_2qtodaynews').show('slow'); jQuery('.content_3qtodaynews').hide('slow'); return false; }); jQuery('.button_3qtodaynews').click(function(){ jQuery('.content_1qtodaynews').show('slow'); jQuery('.content_2qtodaynews').hide('slow'); jQuery('.content_3qtodaynews').show('slow'); return false; }); }); </script> <br /><div class="content_1rtodaynews"><h3>Sheep-like thinking over a Fed move could send investors over a cliff</h3>Critical intelligence ahead of the U.S. market’s open The “sure-thing” Fed rate increase for December isn’t such a done deal for some strategists. They’re still making the case for no move in December. Are you ready? </div><div class="content_2rtodaynews" style="display: none;"><a href="https://www.fortfs.com/clients/conditions/?38ae721" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" src="https://lh3.googleusercontent.com/-pfU_MDmoL7A/VkXPVDDZ9II/AAAAAAAABLo/F6cLy68tIuw/h120/register%2Bhere.gif" /></a><b>By Barbara Kollmeyer</b><br /><ul><li>So has the market finally settled down to a Federal Reserve hike in December? Maybe. Investors will still keep a close eye on Friday’s retail sales update, which could bolster the apparently ironclad case for an interest rate rise.</li><li>Ironclad? Tell that to the contrarians out there. Like Ryan Detrick, who says history is on his side when it comes to the theory that the Fed won’t act before the year is done. More on that in our call of the day.</li><li>No matter how comfortable this market is with a winter hike, it doesn’t hurt to review the “what-ifs” in case the decision goes another way.</li>“The market is saying 60%-ish likelihood,” and if the wind doesn’t get sucked out of this market, the Fed will go ahead with that hike, says Steen Jakobsen, chief economist at Saxo Bank. If the Fed fails to move, he says the market “will take it really bad,” even though a rate rise will probably crush growth in 2016. <li>And if you’re positioning for no hike? Russell Investment’s strategist Wouter Sturkenboom says emerging-market equities in resource and energy-sensitive sectors would do well, as the dollar would sell off. Then he points to U.S. equities, followed by real-estate investment trusts and infrastructure stocks. Plus, Bank of America Merrill Lynch suggested last week that emerging markets and gold miners were a no-hike play.</li><li>Check out our chart of the day, after China dropped a whole bunch of data earlier. Woe is Dr. Copper.</li><b>Key market gauges</b><li>The Veterans Day holiday is shuttering bond markets, but that’s not stopping a nice pickup for Dow and S&amp;P 500 futures are mildly higher. Mild also describes what went on in Asia, even as Chinese data showed slowing industrial output and better-than-expected retail sales. The Shanghai Composite closed up 0.3%. Europe is doing better, up about 0.5%.</li><b>Crude prices</b><li>are under pressure on expectations for a sharp rise in U.S. stockpiles later. That comes after American Petroleum Institute data last night showed a big spike. Gold is tipping south and the dollar is giving up some ground.</li><b>The call</b><li>In a blog post earlier this week, Sam Stovall at S&amp;P Capital IQ points out that the Fed has raised interest rates in December five times since the end of World War II — 1965, 1968, 1980, 2004 and 2005). Not just that, the Fed isn’t afraid to hike interest rates ahead of a presidential election, he writes, with the central bank having hiked six times in the third quarter of a presidential year.</li><li>However, Detrick, market strategist for Kimble Charting Solutions, points out that the Fed has never raised rates in December in a pre-election year. He notes that after prior December rate hikes, the S&amp;P 500 has lost about 3.5% over the next six months, on average. But after all other Decembers since 1950, the index has gained 4.1% in the same period.</li><li>“My take hasn’t changed, they aren’t hiking. The Fed hikes in December after strong returns and right after an election, not ahead of an election with weak stock market performance” says Detrick.</li><b>The quote</b> “Taxes too high. Wages too high. We’re not going to be able to compete against the world. I hate to say it, but we have to leave it the way it is.” — GOP contender Donald Trump on the minimum wage at last night’s Republican debate. <li>And his rival Ben Carson had this to say on the topic: “I would not raise it specifically because I’m interested in making sure that people are able to enter the job market.”</li><li>Check out our live-blog recap of the debate for more highlights.</li><li>$7.68 million — Joe McKeehen, 25 years old, took home that chunk of change last night after winning the World Series of Poker’s championship in Las Vegas.</li></ul></div><div class="content_3rtodaynews" style="display: none;"><a href="https://www.fortfs.com/clients/conditions/?38ae721" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" src="https://lh3.googleusercontent.com/-pfU_MDmoL7A/VkXPVDDZ9II/AAAAAAAABLo/F6cLy68tIuw/h120/register%2Bhere.gif" /></a><b>By Barbara Kollmeyer</b><br /><ul><b>The buzz</b><li>It’s Singles’ Day in China — the big online shopping day — so watch Alibaba for reaction. In the first 90 minutes of shopping Wednesday, Alibaba busted past $5 billion in gross merchandise volume, which compares to $2 billion in sales in the first hour last year.</li><li>Pandora could carry on with its afterhours rise after reports the online-radio company is about to expand internationally.</li><li>Meanwhile, retailers are struggling to deal with piles of unsold merchandise. That could mean a bonanza for shoppers, but not be so good for the bottom lines of those companies, says The Wall Street Journal.</li><li>On the beer beat, AB InBev has sealed a $106 billion takeover for SABMiller . Five ways this deal is going to skunk your beer.</li><b>Carlsberg , meanwhile, is cutting 2,000 jobs.</b><li>Safeway looks set to cut ties with startup Theranos after spending about $350 million to build clinics to offer blood tests, which never got off the ground.</li><li>Apple got kicked in the teeth yesterday thanks to a gloomy Credit Suisse view on growth. Stocktwits co-founder Howard Lindzon posted a brief blog a couple of days ago, showing off a picture he took on his iPhone 6S.</li><li>Lindzon said that it’s tough to place a value on Facebook’s Instagram or Apple “with the magic they create,” and why when the stocks fall, there will be buyers to scoop them up.</li><b>“They are more than ‘daily habits,’” he said.</b><li>shares slid 8.5% after sales fell short and the company cut its full-year outlook. Meanwhile, J.C. Penney shares are up over 9% after </li><li>There was a whole crop of mixed-bag China data out today. But if you want to really know what’s happening in the world’s second-biggest economy, a couple of things are telling. One is beaten-down copper . The metal has hit a six-year low recently, and that’s not a sign of cheer at its big global customer China, says Wolf Richter at the Wolf Street blog.</li><li>The country needs copper to keep its growth white-hot, but there are signs it is whittling down demand.</li><li>“Copper has plunged 22% year-to-date from the already low levels at the beginning of the year. It has lost more than half its value since the days of hope in early 2011,” writes Richter. Copper’s savior isn’t going to be China, so then who? Bad news for copper bugs. </li></ul>support by ZATco &amp; 20News </div><div style="font-weight: bold;">Read Full Text : <a class="button_1rtodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> <span style="color: red;">Back To Title</span></a><span style="color: red;"> </span><a class="button_2rtodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#" style="color: red;"> Read Text Part 1</a><span style="color: red;"> </span><a class="button_3rtodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#" style="color: red;"> Read Text Part 2</a></div><script src="https://ajax.googleapis.com/ajax/libs/jquery/1.5.1/jquery.min.js" type="text/javascript"> </script> <script> jQuery(document).ready(function(){ jQuery('.button_1rtodaynews').click(function(){ jQuery('.content_1rtodaynews').show('slow'); jQuery('.content_2rtodaynews').hide('slow'); jQuery('.content_3rtodaynews').hide('slow'); return false; }); jQuery('.button_2rtodaynews').click(function(){ jQuery('.content_1rtodaynews').show('slow'); jQuery('.content_2rtodaynews').show('slow'); jQuery('.content_3rtodaynews').hide('slow'); return false; }); jQuery('.button_3rtodaynews').click(function(){ jQuery('.content_1rtodaynews').show('slow'); jQuery('.content_2rtodaynews').hide('slow'); jQuery('.content_3rtodaynews').show('slow'); return false; }); }); </script> <br /><div class="content_1stodaynews"><h3>Goldman says U.S. economic recovery has about 4 years before it ends</h3>A team of researchers at Goldman Sachs say there is a 60% probability the recovery will last 10 years Investors who worry that the U.S. economy is speeding toward another inevitable recession can relax: the likelihood that the recovery will continue is actually pretty good. </div><div class="content_2stodaynews" style="display: none;"><a href="https://www.fortfs.com/clients/conditions/?38ae721" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" src="https://lh3.googleusercontent.com/-pfU_MDmoL7A/VkXPVDDZ9II/AAAAAAAABLo/F6cLy68tIuw/h120/register%2Bhere.gif" /></a><b>By Joseph Adinolfi</b><br /><ul><li>Investors who worry that the U.S. economy is speeding toward another inevitable recession can relax: the likelihood that the recovery will continue is actually pretty good.</li><li>That is according to a team of researchers at Goldman Sachs Group, led by Chief Economist Jan Hatzius. The team analyzed a data set of developed-market business cycles and their findings were pretty interesting.</li><li>Among developed economies, the average length of an economic expansion has been expanding since 1950. The longest U.S. expansion lasted 10 years, from 1991 to 2001.</li><li>Before 1950, the average expansion lasted about three years, with only a few enduring for 10 years or more.</li><li>Since 1950, periods of expansion in developed markets have lasted an average of eight years—though the average in the U.S. over the same time has been around five years.</li><li>Goldman created a scatter plot of 255 expansions across 14 developed economies, depicted below:</li></ul></div><div class="content_3stodaynews" style="display: none;"><a href="https://www.fortfs.com/clients/conditions/?38ae721" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" src="https://lh3.googleusercontent.com/-pfU_MDmoL7A/VkXPVDDZ9II/AAAAAAAABLo/F6cLy68tIuw/h120/register%2Bhere.gif" /></a><b>By Joseph Adinolfi</b><br /><ul><li>The distribution of expansions durations is “fat tailed.” In other words, there have been many short expansions, but also many longer ones.</li><li>This implies that the current expansion, at six and 1/3 years old, will likely endure, Goldman says. The current expansion started in July 2009, according to the National Bureau of Economic Research.</li><li>The investment bank pegs the probability of the recovery enduring for another three and 2/3 years at 60%. That calculation only includes data from expansions after 1950.</li><li>The following chart outlines the probability of the recovery’s survival up to, and beyond, that 10-year milestone.</li><li>Goldman is careful to note that these probabilities represent a general picture—like an actuarial table of life expectancies. They shouldn’t be mistaken for a thorough analysis of the economy in its current state.</li><b>But the historical record is no doubt encouraging.</b> “Although there are clearly some risks to the US economy—especially from developments abroad—we do not expect the expansion to expire of old age,” the researchers said. <li>And the odds of a recession beginning over the next year are about 10% to 15%, according to the data.</li></ul>support by ZATco &amp; 20News </div><div style="font-weight: bold;">Read Full Text : <a class="button_1stodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> <span style="color: red;">Back To Title</span></a><span style="color: red;"> </span><a class="button_2stodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#" style="color: red;"> Read Text Part 1</a><span style="color: red;"> </span><a class="button_3stodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#" style="color: red;"> Read Text Part 2</a></div><script src="https://ajax.googleapis.com/ajax/libs/jquery/1.5.1/jquery.min.js" type="text/javascript"> </script> <script> jQuery(document).ready(function(){ jQuery('.button_1stodaynews').click(function(){ jQuery('.content_1stodaynews').show('slow'); jQuery('.content_2stodaynews').hide('slow'); jQuery('.content_3stodaynews').hide('slow'); return false; }); jQuery('.button_2stodaynews').click(function(){ jQuery('.content_1stodaynews').show('slow'); jQuery('.content_2stodaynews').show('slow'); jQuery('.content_3stodaynews').hide('slow'); return false; }); jQuery('.button_3stodaynews').click(function(){ jQuery('.content_1stodaynews').show('slow'); jQuery('.content_2stodaynews').hide('slow'); jQuery('.content_3stodaynews').show('slow'); return false; }); }); </script> <br /><div class="content_1ttodaynews"><h3>Where long-term yields are heading after a Fed rate hike</h3><ul><li>Why a taper tantrum over the Federal Reserve could be history</li><li>The market views a December rate hike as pretty much a done deal. But the outlook for long-term rates, mainly the 10-year and 30-year benchmark Treasury yields, is far less certain.</li><li>Short-term Treasury yields recently hit their highest level in five years as investors brace for an interest-rate hike by the Federal Reserve in December.</li></ul></div><div class="content_2ttodaynews" style="display: none;"><a href="https://www.fortfs.com/clients/conditions/?38ae721" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" src="https://lh3.googleusercontent.com/-pfU_MDmoL7A/VkXPVDDZ9II/AAAAAAAABLo/F6cLy68tIuw/h120/register%2Bhere.gif" /></a><b>By Ellie Ismailidou&lt;.b&gt; </b><br /><ul><b><li>Short-term Treasury yields recently hit their highest level in five years as investors brace for an interest-rate hike by the Federal Reserve in December.</li><li>Given that the market views a December rate hike as pretty much a done deal, the question is shifting to what this means for Treasurys, mainly the yields on the benchmark 10-year note and the 30-year bond, known as the long bond.</li><li>Yields on both 10-year and 30-year benchmark Treasurys have reached four-month highs and are now within striking distance of their 2015 highs of 2.5% and 3.2%, respectively.</li><li>Bond markets reacted quickly to Fed officials’ hawkish comments as well as the stellar October employment report and other economic data that surpassed forecasts. As yields climbed, so did mortgage rates.</li><li>But from a technical perspective, a breach above these yield levels and a sustained higher range would require “another catalyst,” Anthony Valeri, investment strategist for LPL Financial, wrote in a note Thursday. He said he can’t see now what that could be.</li>“We do not believe a repeat of the 2013 bond sell-off, known as the taper tantrum, is in store for investors…The main difference is that a rate hike is now expected, unlike 2013 when the Fed caught investors off-guard with the mere suggestion of ‘tapering’ bond purchases,” Valeri said. <li>Deutsche Bank analysts have built a model to predict what the 10-year yield will do once the Fed starts raising rates. It says Fed rate hikes will pull long-term rates higher next year.</li><li>Come 2017 and 2018, increases in the Fed-funds rate will have a much smaller effect on the 10-year Treasury yield, according to Deutsche Bank’s model.</li><li>In fact, as the following chart shows, the 10-year yield is expected to remain under 4% even as the Fed tightens—and 4% is already well below the average 10-year rate over the past 20 years.</li></b></ul><b> </b></div><div class="content_3ttodaynews" style="display: none;"><a href="https://www.fortfs.com/clients/conditions/?38ae721" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" src="https://lh3.googleusercontent.com/-pfU_MDmoL7A/VkXPVDDZ9II/AAAAAAAABLo/F6cLy68tIuw/h120/register%2Bhere.gif" /></a><b>By Ellie Ismailidou&lt;.b&gt; </b><br /><ul><b><li>One big reason is that inflation and inflation expectations are much lower than they have been over the past 20 years. The Deutsche Bank model also takes into account factors like expectations for economic growth, purchases of U.S. Treasurys by foreign official institutions, Fed asset purchases and bond-buying by the European Central Bank and the Bank of Japan.</li><li>Other interest-rate strategists are expected to issue their forecasts as part of their 2016 outlooks, likely to be released over the next month.</li><li>One factor that could affect yields is how the Fed’s December policy statement addresses the pace of future rate hikes, said David O’Malley, chief executive of Penn Mutual Asset Management.</li>“Will the Fed’s language focus on being slow and methodical or on setting a more specific time frame, such as keeping [Fed-funds] rates at a level before raising again? These are the questions that will determine the path of interest rates in 2016,” O’Malley said. <li>In recent Fed speakers’ comments “we’ve encountered overtures about a path to normalization that means perhaps a steadier pace [of future hikes] than we had heard just a few month before,” said David Ader, head of government bond strategy at CRT Capital Group, in a note on Thursday.</li><li>On Thursday, however, two Fed officials said the U.S. central bank might not be able to stick to its pledge of gradual rate hikes once they start raising interest rates.</li></b></ul><b> support by ZATco &amp; 20News </b></div><div style="font-weight: bold;">Read Full Text : <a class="button_1ttodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> <span style="color: red;">Back To Title</span></a><span style="color: red;"> </span><a class="button_2ttodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#" style="color: red;"> Read Text Part 1</a><span style="color: red;"> </span><a class="button_3ttodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#" style="color: red;"> Read Text Part 2</a></div><script src="https://ajax.googleapis.com/ajax/libs/jquery/1.5.1/jquery.min.js" type="text/javascript"> </script> <script> jQuery(document).ready(function(){ jQuery('.button_1ttodaynews').click(function(){ jQuery('.content_1ttodaynews').show('slow'); jQuery('.content_2ttodaynews').hide('slow'); jQuery('.content_3ttodaynews').hide('slow'); return false; }); jQuery('.button_2ttodaynews').click(function(){ jQuery('.content_1ttodaynews').show('slow'); jQuery('.content_2ttodaynews').show('slow'); jQuery('.content_3ttodaynews').hide('slow'); return false; }); jQuery('.button_3ttodaynews').click(function(){ jQuery('.content_1ttodaynews').show('slow'); jQuery('.content_2ttodaynews').hide('slow'); jQuery('.content_3ttodaynews').show('slow'); return false; }); }); </script><a href="https://www.fortfs.com/clients/conditions/?38ae721" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" src="https://lh3.googleusercontent.com/-pfU_MDmoL7A/VkXPVDDZ9II/AAAAAAAABLo/F6cLy68tIuw/h120/register%2Bhere.gif" /></a></div>ZAT Cohttps://plus.google.com/109368630212859290585noreply@blogger.com0tag:blogger.com,1999:blog-3565408594758982642.post-81147028297779434802015-11-12T05:42:00.001+02:002015-11-12T05:50:14.763+02:00TODAY NEWS : The Men Who Want the U.K. to Leave the EU<div dir="ltr" style="text-align: left;" trbidi="on"><div dir="ltr" style="text-align: left;" trbidi="on"><br /></div><a href="https://www.fortfs.com/clients/conditions/?38ae721" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" src="https://lh3.googleusercontent.com/-X2Lm8YSa8DM/VkKw5hHdeRI/AAAAAAAABLI/wLnDyV7zCcI/h120/spread.gif" /></a><a href="https://www.fortfs.com/clients/conditions/?38ae721"><input name="Button" onclick="launch()" type="button" value="REGISTER HERE &amp; GET LOW SPREAD NO COMMISSION" /></a> <script src="https://ajax.googleapis.com/ajax/libs/jquery/1.5.1/jquery.min.js" type="text/javascript"> </script> <br /><div class="content_1ktodaynews"><h3>Meet the City Money Men Who Want the U.K. to Leave the EU</h3><ul><li>London’s top financiers and executives warn that a British vote to leave the European Union will have dire consequences: economic chaos, diminished trade opportunities and a decline in the City of London’s role as a premier hub for global business and finance.</li><li>"The biggest risk is staying in something that, frankly, is flat-lining and not helping its citizens," Tice, chief executive officer of property-investment firm Quidnet Capital Partners, said over an early-morning cappuccino across from his office in London’s gilded Mayfair district. </li><li>A slim 51-year-old from England’s industrial Midlands whose firm manages about 500 million pounds ($756 million) worth of real estate, Tice is backing a campaign in favor of exit. A two-year stint in Paris in the 1990s convinced him Britain and continental Europe have fundamentally different cultures -- and that his country has nothing to lose from going its own way.</li><li>Tice is among a small group of prominent financial-sector figures publicly backing a U.K. departure from the EU. Others say they’ll endorse leaving if Prime Minister David Cameron doesn’t negotiate fundamental changes to the U.K’s relationship with the rest of Europe -- more fundamental than those Cameron favors.</li><li>Cameron Tuesday laid out his demands, which include changes to welfare rules for immigrants, cutting the regulatory burden on business and giving the U.K. an opt-out from the EU’s official goal to be an "ever-closer union." Nonetheless, the premier said he believes staying in a reformed EU "will be unambiguously in our national interest." The EU Commission immediately criticized his proposals on migrants.</li><li>That Britain should leave the EU is very much a minority view in the boardroom, especially at big companies. An April-May poll of 1,259 members of the Institute of Directors business group found that two-thirds agreed that the benefits of membership outweighed the negatives. Among large companies only, 71 percent were positive.</li></ul></div><div class="content_2ktodaynews" style="display: none;"><b>by M Campbell &amp; D Griffin</b><br /><ul><li>London’s top financiers and executives warn that a British vote to leave the European Union will have dire consequences: economic chaos, diminished trade opportunities and a decline in the City of London’s role as a premier hub for global business and finance.</li>"The biggest risk is staying in something that, frankly, is flat-lining and not helping its citizens," Tice, chief executive officer of property-investment firm Quidnet Capital Partners, said over an early-morning cappuccino across from his office in London’s gilded Mayfair district. <li>A slim 51-year-old from England’s industrial Midlands whose firm manages about 500 million pounds ($756 million) worth of real estate, Tice is backing a campaign in favor of exit. A two-year stint in Paris in the 1990s convinced him Britain and continental Europe have fundamentally different cultures -- and that his country has nothing to lose from going its own way.</li><li>Tice is among a small group of prominent financial-sector figures publicly backing a U.K. departure from the EU. Others say they’ll endorse leaving if Prime Minister David Cameron doesn’t negotiate fundamental changes to the U.K’s relationship with the rest of Europe -- more fundamental than those Cameron favors.</li><li>Cameron Tuesday laid out his demands, which include changes to welfare rules for immigrants, cutting the regulatory burden on business and giving the U.K. an opt-out from the EU’s official goal to be an "ever-closer union." Nonetheless, the premier said he believes staying in a reformed EU "will be unambiguously in our national interest." The EU Commission immediately criticized his proposals on migrants.</li><li>That Britain should leave the EU is very much a minority view in the boardroom, especially at big companies. An April-May poll of 1,259 members of the Institute of Directors business group found that two-thirds agreed that the benefits of membership outweighed the negatives. Among large companies only, 71 percent were positive.</li><li>Nonetheless, the divisions show Cameron can’t count on unanimous support from the business community in his push to win voter endorsement of the reforms he’s seeking. He and Chancellor George Osborne say they will campaign for an "in" vote if they can negotiate devolving power to London from Brussels.</li>"Cameron must be worried that he has this group of very, very well-funded opponents," said Richard Whitman, a professor of politics at the University of Kent. "Not only do they have pockets that are quite difficult to get to the bottom of, but also because they’re very driven.” <li>Wealthy or not, exit backers are swimming against a tide of business leaders urging the country to stay in, including top executives such as Stuart Rose, the former chairman of Marks &amp; Spencer Plc, and BAE Systems Plc chairman Roger Carr. Many global financial institutions, including Citigroup Inc. and Germany’s Deutsche Bank AG, also have indicated support for continued British membership.</li><li>Those willing to contemplate an exit, by contrast, tend to work at smaller, less internationally-oriented firms. They argue their views are more representative of public opinion, and of the bulk of the British economy.</li><li>Howard Shore, executive chairman of broker and asset manager Shore Capital, says departure could allow the U.K. to rebuild what he sees as the freewheeling, entrepreneurial atmosphere of the 1980s, when then-Prime Minister Margaret Thatcher was deregulating financial services. With about 150 employees and 800 million pounds under management, his company is by no means tiny, but it’s still small enough to feel the pinch of time-consuming regulations, said Shore, 55.</li></ul></div><div class="content_3ktodaynews" style="display: none;"><b>by M Campbell &amp; D Griffin</b><br /><ul> <b>Survey Results</b><li>To bolster his point, Shore this year funded a survey of 601 leaders of small and medium-sized firms that found 41 percent say the EU hinders their business. Significant majorities were in favor of large-scale repatriations of powers from Brussels. About 40 percent also supported transforming the EU into a "less integrated free trade area" -- which would almost certainly be unacceptable to France and Germany -- and another 14 percent favored an exit altogether.</li><li>Shore has company in Crispin Odey. The Harrow- and Oxford-educated hedge fund manager, a longtime Conservative Party donor, says the question is if "we want to be part of a Europe that keeps mangling us." He says he also favors transforming the wide-ranging EU into a much narrower trade pact, bringing power over political matters back to London. Like Shore, Odey, whose Odey Asset Management manages over $11 billion, misses what was, in his telling, a golden period of light financial regulation and attendant success.</li><li>It’s not yet clear how long Odey’s fellow citizens will have to consider the pros and cons of staying in. Cameron has promised a referendum by the end of 2017, though some business groups have called for it to be held as early as possible to reduce the period of pre-vote uncertainty.</li><li>In the meantime, both sides are organizing. The pro-EU camp is coalescing behind a group dubbed Britain Stronger in Europe, while those favoring departure are backing two separate groups: Vote Leave and Leave.EU. Business for Britain, a lobby group that supports Vote Leave, counts a passel of prominent City figures among its advisers, including Numis Securities CEO Oliver Hemsley and Roger Bootle, the founder of consulting firm Capital Economics.</li><li>Even on the "in" side, there’s strong support for tweaking Britain’s relationship with the EU. Among both Britons and other Europeans, "there is collective recognition Europe needs to be more flexible, more competitive, more fleet of foot," said Carr, the BAE Systems chairman, citing slow-moving EU efforts to lower trade barriers for services and build the region’s digital economy.</li><b>Negotiations Needed</b><li>Britain would face significant uncertainties were it to vote to leave a body that’s shaped much of its economic and political landscape for 40 years. Millions of European citizens who now live visa-free in the U.K. would have to be integrated into a new immigration system, and a comprehensive trade deal would have to be struck with the EU’s 27 other members. Perhaps most importantly, foreign investors would need to be convinced that the U.K. and London, the urban dynamo at the heart of its economy, would remain as attractive if they were outside the world’s largest economic bloc.</li>"London didn’t just appear by magic. It’s part of that big international capital market with 500 million rich consumers," said Alan Houmann, the head of government affairs for Europe, the Middle East and Africa at Citigroup in London. "We invest here for a good reason and we’re very in favor of what we have." <li>Tice, for his part, says the transition can be pulled off without upending the economy. The former head of CLS Holdings Plc, a major property-investment firm, calls leaving a "very simple process" in which the EU would negotiate a new accord with a separate Britain in one to two years. "I don’t think there’d be any disruption at all," he said. "This is not cataclysmic."</li><li>He’s doing his best to make departure a reality. He’s co-chair of Leave.EU and says he has given the organization substantial financial support. But he’s given up on finding allies at big banks to back his crusade. "We’ve tried," he says. "They just can’t go there."</li></ul>support by ZATco &amp; 20News </div><div style="font-weight: bold;">Read Full Text : <a class="button_1ktodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> Back To Title</a> <a class="button_2ktodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> Read Text Part 1</a> <a class="button_3ktodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> Read Text Part 2</a></div><script src="https://ajax.googleapis.com/ajax/libs/jquery/1.5.1/jquery.min.js" type="text/javascript"> </script> <script> jQuery(document).ready(function(){ jQuery('.button_1ktodaynews').click(function(){ jQuery('.content_1ktodaynews').show('slow'); jQuery('.content_2ktodaynews').hide('slow'); jQuery('.content_3ktodaynews').hide('slow'); return false; }); jQuery('.button_2ktodaynews').click(function(){ jQuery('.content_1ktodaynews').show('slow'); jQuery('.content_2ktodaynews').show('slow'); jQuery('.content_3ktodaynews').hide('slow'); return false; }); jQuery('.button_3ktodaynews').click(function(){ jQuery('.content_1ktodaynews').show('slow'); jQuery('.content_2ktodaynews').hide('slow'); jQuery('.content_3ktodaynews').show('slow'); return false; }); }); </script> <script src="https://ajax.googleapis.com/ajax/libs/jquery/1.5.1/jquery.min.js" type="text/javascript"> </script> <br /><div class="content_1ltodaynews"><h3>Europe's Plan to Deport More Migrants Meets African Resistance</h3>European Union plans to clamp down on migration met resistance from African leaders, who called on the EU to open more channels for their people to live and work legally in Europe. <br /><ul></ul></div>At a summit in Valletta, Malta, the EU offered more development aid in exchange for an African pledge to take back -- or “re-admit” -- more people who cross the Mediterranean Sea and settle in European cities without job or residence rights. “Readmission is a difficult subject, we can’t just have this discussion from the European perspective,” Macky Sall, president of Senegal, told reporters Wednesday before the summit. He called for a “frank discussion” of legalizing the status of Africans already in Europe. <br /><div class="content_2ltodaynews" style="display: none;"><b>by J G Neuger &amp; K S Navarra </b><br /><ul><li>The clash over deportation or legalization echoed debates over immigration in the U.S. presidential campaign, and showed how hard it is for Europe to get to grips with the continent’s biggest wave of migrants and refugees since the end of World War II.</li><b>‘Demands and Expectations’</b><li>Europe’s open societies and porous land and sea borders make deportation difficult. Fewer than 40 percent of “irregular” migrants who were ordered out of European territory in 2014 actually left, EU data show. Some throw away their passports to make them hard to identify and trace.</li><b>“We have to be firmer about readmissions,” French President Francois Hollande said.</b><li>The 28-nation bloc’s main offer at the summit with representatives of more than 30 African countries was a 1.8 billion-euro ($1.9 billion) trust fund that will be used to promote economic growth to keep people at home and to fight the traffickers who exploit those who want to leave.</li></ul></div><div class="content_3ltodaynews" style="display: none;"><b>by J G Neuger &amp; K S Navarra </b><br /><ul><b>German Chancellor Angela Merkel said extra financing comes attached to “clear demands and expectations” directed toward the African side.</b><li>EU leaders scheduled the Africa meeting in April, when most migrants were coming through strife-torn Libya across the central Mediterranean Sea. Now most are fleeing Syria or Iraq -- not represented at the Malta summit -- and passing through Turkey before reaching the European shore in Greece.</li><li>The EU-Africa meeting runs until Thursday afternoon, followed by an EU-only summit to review the refugee-control efforts.</li></ul>support by ZATco &amp; 20News </div><div style="font-weight: bold;">Read Full Text : <a class="button_1ltodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> Back To Title</a> <a class="button_2ltodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> Read Text Part 1</a> <a class="button_3ltodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> Read Text Part 2</a></div><script src="https://ajax.googleapis.com/ajax/libs/jquery/1.5.1/jquery.min.js" type="text/javascript"> </script> <script> jQuery(document).ready(function(){ jQuery('.button_1ltodaynews').click(function(){ jQuery('.content_1ltodaynews').show('slow'); jQuery('.content_2ltodaynews').hide('slow'); jQuery('.content_3ltodaynews').hide('slow'); return false; }); jQuery('.button_2ltodaynews').click(function(){ jQuery('.content_1ltodaynews').show('slow'); jQuery('.content_2ltodaynews').show('slow'); jQuery('.content_3ltodaynews').hide('slow'); return false; }); jQuery('.button_3ltodaynews').click(function(){ jQuery('.content_1ltodaynews').show('slow'); jQuery('.content_2ltodaynews').hide('slow'); jQuery('.content_3ltodaynews').show('slow'); return false; }); }); </script> <script src="https://ajax.googleapis.com/ajax/libs/jquery/1.5.1/jquery.min.js" type="text/javascript"> </script> <br /><div class="content_1mtodaynews"><h3>German Probe Found Indications of Elevated Diesel Pollution</h3><br /><br /><li>Germany has found signs of elevated pollutants in diesel cars in initial results of tests performed in the wake of the Volkswagen AG cheating scandal.</li></div><div class="content_2mtodaynews" style="display: none;"><b>by C Rauwald &amp; B Jennen</b><br /><ul><li>The Federal Motor Transport Authority, or KBA, is in talks with carmakers about “partly elevated levels of nitrogen oxides” found in raw data on some of the 50 cars being examined, the regulator said in a statement Wednesday. The authority didn’t release the make or model names of the cars that had elevated pollution levels. The testing included the VW nameplate as well as the carmaker’s Porsche and Audi units. BMW, Mercedes and General Motors Co.’s Opel were also among the two dozen brands tested.</li><li>German authorities are about two-thirds finished with the review they started in late September, when the Volkswagen scandal prompted a deeper look at real-world diesel emissions. Volkswagen admitted to rigging the engines of about 11 million cars with software that could cheat regulations by turning on full pollution controls only in testing labs, not on the road. The scandal has since spread to include carbon-dioxide emissions in another 800,000 vehicles, including one type of gasoline engine.</li><b>Street Tests</b><li>Other major automakers, including BMW AG and Daimler AG, have said they didn’t manipulate emissions tests. BMW isn’t among the companies in talks with the KBA over this probe and therefore doesn’t expect any negative findings, a company spokesman said by phone. An Opel spokesman said the company is constantly in contact with the KBA but declined to comment on this specific probe.</li></ul></div><div class="content_3mtodaynews" style="display: none;"><b>by C Rauwald &amp; B Jennen</b><br /><ul> <b>“We welcome these tests,” Mercedes parent Daimler said in an e-mailed statement. “We’ve got nothing to hide.”</b><li>Vehicles ranging from the tiny Smart ForTwo to the VW Crafter van were chosen for testing based on new-car registration data as well as “verified indications” from third parties. The vehicles were evaluated on test beds as well as on the streets.</li><li>After talks with carmakers, KBA plans to evaluate the data further. Only then will the agency have sufficient results for any legal action, it said. The KBA didn’t provide a time frame and declined to say which models had shown signs of elevated NOx pollution.</li></ul>support by ZATco &amp; 20News </div><div style="font-weight: bold;">Read Full Text : <a class="button_1mtodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> Back To Title</a> <a class="button_2mtodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> Read Text Part 1</a> <a class="button_3mtodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> Read Text Part 2</a></div><script src="https://ajax.googleapis.com/ajax/libs/jquery/1.5.1/jquery.min.js" type="text/javascript"> </script> <script> jQuery(document).ready(function(){ jQuery('.button_1mtodaynews').click(function(){ jQuery('.content_1mtodaynews').show('slow'); jQuery('.content_2mtodaynews').hide('slow'); jQuery('.content_3mtodaynews').hide('slow'); return false; }); jQuery('.button_2mtodaynews').click(function(){ jQuery('.content_1mtodaynews').show('slow'); jQuery('.content_2mtodaynews').show('slow'); jQuery('.content_3mtodaynews').hide('slow'); return false; }); jQuery('.button_3mtodaynews').click(function(){ jQuery('.content_1mtodaynews').show('slow'); jQuery('.content_2mtodaynews').hide('slow'); jQuery('.content_3mtodaynews').show('slow'); return false; }); }); </script> <script src="https://ajax.googleapis.com/ajax/libs/jquery/1.5.1/jquery.min.js" type="text/javascript"> </script> <br /><div class="content_1ntodaynews"><h3>The iPad Pro: Bigger. Better?<div class="separator" style="clear: both; text-align: center;"><a href="http://3.bp.blogspot.com/-8mxTx86AoXQ/VkQKdVLNQHI/AAAAAAAABLY/UMT30xSxKSA/s1600/i%2Bpad%2Bpro.JPG" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="219" src="http://3.bp.blogspot.com/-8mxTx86AoXQ/VkQKdVLNQHI/AAAAAAAABLY/UMT30xSxKSA/s320/i%2Bpad%2Bpro.JPG" width="320" /></a></div></h3>Apple’s iPad Pro is the Mercedes-Benz G550 of tablets. <br /><ul><li>The G550 is Mercedes’ uber-SÜV, one of the most sure-footed four-wheel-drive cars sold today. It has fully lockable front, center, and rear differentials for maximum traction over most any surface. If I were driving across, say, Chad, it is the vehicle I would want to be in.</li><li>I like cars, and I admire the G550. I can appreciate the engineering that went into making a car so capable. I also live in suburban New Jersey, and therefore have absolutely no need for a G550, even if I had the money to buy one. </li><li>Apple’s iPad Pro ($799-$1,079) is the best large-screen tablet with an attachable keyboard and optional stylus you can possibly buy today. If you’re in the market for a nearly 13-inch touchscreen, I truly, non-sarcastically think you will find the iPad Pro perfect for your needs. </li><li>There’s a lot to recommend about the Pro. The 12.9-inch display is one of the biggest, baddest, highest-resolution things you can hold in your hands. The four speakers are louder and fuller than on any other tablet you’ve encountered. The A9X processor moves things along quickly and smoothly. </li></ul></div><div class="content_2ntodaynews" style="display: none;"><b>by S Grobart</b><br /><ul><li>Developers are lining up to create and adapt software for all this new real estate. Apps like 53’s Paper have been customized for the Pro, as has a suite of design programs from Adobe. There are business-dashboard apps, medical apps, and other highly specialized applications for different professions. </li><li>To extend the Pro’s utility, you can buy two accessories: the Smart Keyboard ($169) and the Apple Pencil ($99).</li><li>The Smart Keyboard is a cover that also contains a thin, full-size qwerty keyboard. It attaches to the iPad Pro magnetically and doesn’t require any extra battery or charging—it’s cleverly powered by the Pro itself. To use the keyboard, you fold it around until it becomes a stand for the Pro’s touchscreen. The keys are shallow but effective. I don’t know if this is because of Apple’s engineering excellence or because we’ve all gotten used to slimmer keyboards over the years.</li><li>In that keyboard configuration, the Pro is a sort of hybrid. You can still use the touchscreen, if you want, but Apple has enabled iOS on the Pro with plenty of traditional keyboard functions, just as on a Mac. Want to switch between apps? Just command-tab, like in the old days. </li><li>In addition to the keyboard, Apple will sell you a stylus called the Apple Pencil. It’s a very nicely weighted implement that feels great in your hand. Working in concert with an amped-up, hyper-precise touchscreen, the Pencil can mimic pens, pencils, markers—you name it. Adjust the angle of the Pencil, and the width of your stroke changes. Press harder, and a darker line is drawn. Use a watercolor, and you can watch the color bleed into the “paper” after you’ve taken your brush off the page. And, unlike with a lot of other stylus/tablet combos, the screen reacts instantly, with no lag or any interference to ruin the illusion you’re putting pen to paper. It’s uncanny. </li></ul></div><div class="content_3ntodaynews" style="display: none;"><b>by S Grobart</b><br /><ul><b>So all this is great stuff.</b><li>But a bigger screen, attachable keyboard, and stylus do not add things I want or need to a tablet, nor do they evolve the iPad into credible competition for my still-perfect MacBook Air. The Smart Keyboard is clever but a little clumsy. You can’t really use it on your lap, much less perched on your legs while sitting in bed. The stylus is maybe the best stylus ever, but I can’t draw, and don’t see that changing soon. (Also, Apple: Add a holder or something to the cover so I can keep the stylus with my iPad.) </li><li>Now, you might think, “Fine, Grobart. But maybe not everyone’s like you. Dial back the solipsism a bit." </li><li>And it’s true: Not everyone uses computers and tablets the way I do. My colleagues in Bloomberg Businessweek’s art department may find ways to take advantage of all those Adobe apps. Doctors may benefit from 3D4Medical’s Complete Anatomy app. People who run businesses may well take to the dashboards available in Cynapse’s Numerics app. </li><li>But I would venture to say that, while not everyone uses tech the way I do, many—maybe even most—people do. We read things on the Web, we check e-mail, we write things. For those kinds of activities, a laptop is still the most elegant answer to the questions we have. The iPad Pro has a bit of feature creep around it. It’s a tablet! With an attachable keyboard! And a stylus! It’s extremely good at all those things—I’m just not that interested in the things it’s good at. </li><li>So I’m not the customer for the iPad Pro. But I think I know who is: Vic Abate.</li><li>Vic Abate is the chief technology officer of General Electric. He heads up, among other things, 50,000 scientists and engineers at the industrial conglomerate. Could Vic see a way that the iPad Pro, armed with, say, some hardcore analytics software, might be a useful tool for all those people building power plants, locomotives, and aircraft engines? If he does, Vic’s not buying an iPad Pro. He’s buying 50,000 of them. </li><li>Spread that across companies and industries, and all of a sudden Apple’s got a nice business in business. It may be more niche than the iPhone market, and it may take time, but Apple’s certainly rich enough to be patient.</li></ul>support by ZATco &amp; 20News </div><div style="font-weight: bold;">Read Full Text : <a class="button_1ntodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> Back To Title</a> <a class="button_2ntodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> Read Text Part 1</a> <a class="button_3ntodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> Read Text Part 2</a></div><script src="https://ajax.googleapis.com/ajax/libs/jquery/1.5.1/jquery.min.js" type="text/javascript"> </script> <script> jQuery(document).ready(function(){ jQuery('.button_1ntodaynews').click(function(){ jQuery('.content_1ntodaynews').show('slow'); jQuery('.content_2ntodaynews').hide('slow'); jQuery('.content_3ntodaynews').hide('slow'); return false; }); jQuery('.button_2ntodaynews').click(function(){ jQuery('.content_1ntodaynews').show('slow'); jQuery('.content_2ntodaynews').show('slow'); jQuery('.content_3ntodaynews').hide('slow'); return false; }); jQuery('.button_3ntodaynews').click(function(){ jQuery('.content_1ntodaynews').show('slow'); jQuery('.content_2ntodaynews').hide('slow'); jQuery('.content_3ntodaynews').show('slow'); return false; }); }); </script> <br /><div class="content_1otodaynews"><h3>Robots are already killing humans. Here's how one scientist is keeping people safe.</h3><ul><li>A German scientist has tied Pastor Stephan Bernstein to a metal structure. Bernstein is wearing a blindfold and earphones to ensure he doesn't see or hear the machine that's about to punch him.</li><li>Don't worry — Bernstein, a 54-year old with a thick moustache and a warm smile, is going to be fine. He's one of 15 volunteers working with researchers at the Fraunhofer IFF Institute in Magdeburg, Germany, to find out what needs to be done to ensure robots don't crush their human colleagues when working alongside each other in a factory.</li><li>Collaborative robots — or cobots — need to be configured so they're aware of their fleshy colleagues and slow or stop after an unexpected collision to avoid stabbing skin or slicing limbs. But how hard can a robot hit a human before causing damage? And how does that change when the robot has a sharper attachment on its arm or makes contact with a sensitive part of the body? Those are questions Roland Behrens, a scientist working with volunteers including Bernstein, wants answered.</li></ul></div><div class="content_2otodaynews" style="display: none;"><b>by S Nicola &amp; O Solon</b><br /><ul><li>"The best way is to avoid contact in the first place," he said after untying Bernstein from the structure. "If contact occurs, the consequences must be so low that the person can come into work the next day, at most with a bruise but not with an injury or open wound."</li><li>There were 158 work accidents involving humans and robots last year in Germany, the highest number since at least 2005, according to DGUV, a German group that's insuring workplace accidents. In June, a robot usually kept in a cage killed a worker at a Volkswagen plant by grabbing and pushing him against a metal plate. More industrial robots, made by companies such as Germany's Kuka or Japan's Fanuc, were sold last year than ever before, according to the International Federation of Robotics.</li><li>Germany, Europe's biggest economy with state-of-the-art factories run by the likes of engineering giant Siemens and carmaker Daimler, has a special interest in robot-human safety. The country is identified by the United Nations as "super-aged," with one fifth of the population older than 65. Working-age adults will shrink to as few as 34 million by 2060 from the current 50 million, according to latest government estimates. Robots may be the best way to keep productivity up and people hammering away until they retire, Behrens says. "Robots supporting humans in their work is a great idea, but it has to be safe."</li><li>There already exists an industrial robot safety standard that stipulates a threshold of 150 newton of contact force – but it's only a guideline. "There is no information about shape or body parts. With a needle in the eye 150 newton is very different from having a large sphere bumping into your leg," says Behrens, who works with the German Institute for Occupational Safety to come up with standards. (Generally, 150 newton feels like a very faint slap at most — heavyweight boxers can hit with about 5,000 newton.)</li></ul></div><div class="content_3otodaynews" style="display: none;"><b>by S Nicola &amp; O Solon</b><br /><ul><li>For testing purposes the team designed a machine to hit people and record the impact. It's essentially a mechanic pendulum that mimics a robotic limb. For every volunteer, the pendulum is swung at the lowest velocity and the highest mass — against the hand, lower arm, upper arm and shoulder. The volunteers articulate their pain on a scale from 1 to 10 (Behrens stops the tests at 5), with the skin then scanned with ultrasound to check for bruises or swelling.</li><li>While some studies have used pig cadavers, Behrens and colleagues decided to recruit live human volunteers like Bernstein, the pastor, who said he's taking part because he's intrinsically curious.</li>"It wasn't bad at all," Bernstein said after a 500-newton hit on his upper arm. "The back of the hand is the worst, because the pain stays longest." <li>Once the research on the human arm is completed, the team plans to look at collisions with other body parts. The researchers hope their work will influence the next generation of robots that work safely with humans.</li><li>One of them is Annie, a 300,000-euro prototype that looks a bit like Wall-E on steroids. With her six cameras, Annie can safely and autonomously whizz between human workers and, with her three-finger hand, can handle tools including a screwdriver. Other ways to make robots safer include padded robot joints, machines that stop working when touched, or — for bigger robots that weigh thousands of pounds — tactile factory floors that tell workers visually (think green, yellow and red) where it's safe and unsafe to go.</li>"This is especially important as robots get more sophisticated," Behrens says. "It's an important step toward having robots at home." </ul>support by ZATco &amp; 20News </div><div style="font-weight: bold;">Read Full Text : <a class="button_1otodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> Back To Title</a> <a class="button_2otodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> Read Text Part 1</a> <a class="button_3otodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> Read Text Part 2</a></div><script src="https://ajax.googleapis.com/ajax/libs/jquery/1.5.1/jquery.min.js" type="text/javascript"> </script> <script> jQuery(document).ready(function(){ jQuery('.button_1otodaynews').click(function(){ jQuery('.content_1otodaynews').show('slow'); jQuery('.content_2otodaynews').hide('slow'); jQuery('.content_3otodaynews').hide('slow'); return false; }); jQuery('.button_2otodaynews').click(function(){ jQuery('.content_1otodaynews').show('slow'); jQuery('.content_2otodaynews').show('slow'); jQuery('.content_3otodaynews').hide('slow'); return false; }); jQuery('.button_3otodaynews').click(function(){ jQuery('.content_1otodaynews').show('slow'); jQuery('.content_2otodaynews').hide('slow'); jQuery('.content_3otodaynews').show('slow'); return false; }); }); </script> <br /><div class="content_1ptodaynews"><h3>Carney Vows to Fix Finance Fault Lines and Build Global Markets</h3>Mark Carney said reform of the financial sector isn’t finished and the Bank of England will continually revisit regulation of banks. </div><div class="content_2ptodaynews" style="display: none;"><b>by S Hamilton</b><br /><ul> “We want not only to profile progress made, but also to spur a continual process of review and reform,” the Bank of England Governor said. “This isn’t just about fixing the fault lines that caused the last crisis, but also about seizing new opportunities from fintech and market-based finance. It’s about building truly global markets, in the U.K. and elsewhere, and the cross-border governance and cooperation they need to function well.” <li>Carney was speaking at the central bank’s Open Forum in London on Wednesday, a conference on the role of markets in society that’s being attended by officials, academics, religious leaders and members of the public. It’s part of Carney’s continued effort to overhaul U.K. markets that have been rocked by their roles in the financial crisis and rigging scandals.</li><li>European Central Bank President Mario Draghi is due to make remarks at 1:15 p.m. local time. Carney is due to speak again at 5 p.m. to close proceedings.</li></ul></div><div class="content_3ptodaynews" style="display: none;"><b>by S Hamilton</b><br /><ul><b>Apple Meeting</b><li>Chancellor of the Exchequer George Osborne also spoke at the event and said he wanted the U.K. to be the home of the world’s largest financial center. Osborne said officials had to weigh legislation to reform markets against financial firms’ need to take risks, innovate and create jobs. </li><li>He also said he recently met with Tim Cook, Apple Inc. chief executive officer and they spent “a lot of time talking about Apple pay.” The U.K. has the technological and financial expertise to become a leader in financial technology, Osborne said.</li><li>“Our challenge is to bring the two together,” he said. “We’ve got to create the space where this innovation can happen.”</li><li>Carney said the bank was four times oversubscribed for places at the conference. Other speakers include BOE deputy governors Minouche Shafik, Jon Cunliffe, and Andrew Bailey, as well as London Stock Exchange Chief Executive Officer Xavier Rolet and Royal Bank of Scotland Group Plc Chairman Howard Davies.</li><li>The conference takes place as U.K. policy makers weigh domestic strength and a strong pound against foreign weakness. The unemployment rate fell to 5.3 percent in the third quarter, the lowest in more than seven years, and the number in work rose to a record 31.2 million, the Office for National Statistics said Wednesday in London. Economists in a Bloomberg News survey forecast the jobless rate would be unchanged at 5.4 percent.</li></ul>support by ZATco &amp; 20News </div><div style="font-weight: bold;">Read Full Text : <a class="button_1ptodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> Back To Title</a> <a class="button_2ptodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> Read Text Part 1</a> <a class="button_3ptodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> Read Text Part 2</a></div><script src="https://ajax.googleapis.com/ajax/libs/jquery/1.5.1/jquery.min.js" type="text/javascript"> </script> <script> jQuery(document).ready(function(){ jQuery('.button_1ptodaynews').click(function(){ jQuery('.content_1ptodaynews').show('slow'); jQuery('.content_2ptodaynews').hide('slow'); jQuery('.content_3ptodaynews').hide('slow'); return false; }); jQuery('.button_2ptodaynews').click(function(){ jQuery('.content_1ptodaynews').show('slow'); jQuery('.content_2ptodaynews').show('slow'); jQuery('.content_3ptodaynews').hide('slow'); return false; }); jQuery('.button_3ptodaynews').click(function(){ jQuery('.content_1ptodaynews').show('slow'); jQuery('.content_2ptodaynews').hide('slow'); jQuery('.content_3ptodaynews').show('slow'); return false; }); }); </script> <br /><div class="content_1qtodaynews"><h3>Hackers Accessed Global Banking With Phony Pet Stores, Lies</h3><ul><li>Criminals hoodwinked banks, credit-card networks and a payment-security firm while moving hundreds of millions of dollars, according to the U.S. government. It won’t be easy to stop it from happening again.</li><li>As U.S. prosecutors announced indictments Tuesday against a hacking ring linked to stock manipulation, gambling and fake pharmaceuticals, details emerged that made payments specialists wince. To move money through the global banking system, conspirators allegedly disguised recipients as pet-supply and dress stores. When financial firms raised alarms, the group feigned shock, paid fines and opened new accounts. And in a twist that turned heads, it even hacked a security company that was supposed to detect its ruse.</li><li>"Wow," said Julie Conroy, a security specialist at payments researcher Aite Group. "Shame on this firm for being a victim, because if you’re in that position you know the bad guys are coming after you."</li></ul></div><div class="content_2qtodaynews" style="display: none;"><b>by E Dexheimer</b><br /><ul><li>The allegations illustrate the challenge facing banks and credit-card processors already under heightened pressure to detect suspicious transactions and thwart money laundering. Big banks around the world have pledged to step up their efforts, in some cases while paying billions of dollars in fines for past failings. Tuesday’s indictments show how quickly criminals are evolving to stay ahead.</li><b>Copying Tactics</b><li>“This is going to become much more common," said Al Pascual, director of fraud and security at Javelin Strategy &amp; Research. “The level of complexity and sophistication here is very unique. But that being said, it’s not as though others aren’t trying to replicate it or are actively replicating these very steps."</li><li>The tactics for moving money were just one aspect of a larger crackdown Tuesday on cybersecurity breaches, including last year’s massive theft of JPMorgan Chase &amp; Co. customer data. At the center of the indictments is Gery Shalon -- a 31-year-old Israeli from the Republic of Georgia. Prosecutors said he used hacking as the backbone of a criminal conglomerate that ran illegal Internet casinos and elaborate pump-and-dump stock schemes. After a July arrest, the U.S. is seeking his extradition to New York for trial. He couldn’t be reached Tuesday for comment.</li><li>Prosecutors didn’t identify any financial firms that unwittingly helped handle payments. Nor did they name the “merchant risk intelligence firm,” based in Bellevue, Washington, that was tasked with identifying whether recipients were sketchy. One Bellevue company fitting the description didn’t respond to phone calls and e-mails seeking comment.</li><li>Financial firms are supposed to be a bulwark against crime. Banks are required to know their customers and flag suspicious transactions to authorities. In this case, criminals wanted to accept money from credit and debit cards, then move the funds to accounts within their reach. But using cards requires clearance from a network such as Visa Inc. or MasterCard Inc. and the customer’s bank.</li></ul></div><div class="content_3qtodaynews" style="display: none;"><b>by E Dexheimer</b><br /><ul><b>‘Squeezing a Balloon’</b><li>Prosecutors said Shalon and conspirators offered a solution. They allegedly set up a system that handled money for criminals while charging a fee on each transaction -- more than $18 million total. The group worked with "corrupt international bank officials," and developed other strategies that relied on dogged creativity, according to the indictment. No officials were identified.</li><li>For example, to collect money from U.S. gamblers, Shalon and conspirators coded transactions so that it looked like payments went to online stores selling pet supplies and wedding dresses, according to prosecutors. When card networks spotted illicit payments, they imposed millions of dollars in penalties on banks that let transactions slip through. Shalon and conspirators allegedly pretended they were unaware or surprised, reimbursed the banks, then set up more accounts.</li><li>“It’s like squeezing a balloon,” said Aite’s Conroy. “You squeeze them out of one part of the system but they will go and find opportunity somewhere else.” </li><li>The Bellevue security firm was supposed to flag merchants accepting payments for “unlawful goods or services," according to the indictment. Prosecutors said the defendants hacked into the company’s computer network to read e-mails and keep tabs on its efforts. The hackers figured out which credit and debit cards the company used to detect bogus merchants, then blacklisted those card numbers from Shalon’s network.</li><b>Knowing Customers</b><li>Security analysts said the case shows financial firms need to learn even more about their customers, including the merchants that accept their cards, and that regulators ought to consider changing rules to make it easier for firms to share information with each other about potential threats.</li><li>“You have to know who you’re doing business with," said Avivah Litan, a cybersecurity analyst at Gartner Inc. “Everyone is subject to sophisticated data breaches, none of us are immune. From the best banks to the worst to the watchdogs. Good criminals can break in anywhere."</li></ul>support by ZATco &amp; 20News </div><div style="font-weight: bold;">Read Full Text : <a class="button_1qtodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> Back To Title</a> <a class="button_2qtodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> Read Text Part 1</a> <a class="button_3qtodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> Read Text Part 2</a></div><script src="https://ajax.googleapis.com/ajax/libs/jquery/1.5.1/jquery.min.js" type="text/javascript"> </script> <script> jQuery(document).ready(function(){ jQuery('.button_1qtodaynews').click(function(){ jQuery('.content_1qtodaynews').show('slow'); jQuery('.content_2qtodaynews').hide('slow'); jQuery('.content_3qtodaynews').hide('slow'); return false; }); jQuery('.button_2qtodaynews').click(function(){ jQuery('.content_1qtodaynews').show('slow'); jQuery('.content_2qtodaynews').show('slow'); jQuery('.content_3qtodaynews').hide('slow'); return false; }); jQuery('.button_3qtodaynews').click(function(){ jQuery('.content_1qtodaynews').show('slow'); jQuery('.content_2qtodaynews').hide('slow'); jQuery('.content_3qtodaynews').show('slow'); return false; }); }); </script> <br /><div class="content_1rtodaynews"><h3>The Case for Buying a Home You Can't Afford</h3>Here’s a happy reminder if you're someone who finds escape by perusing real estate listings for unobtainable homes: A mortgage that strains your budget now will be a lighter burden a few years, and a couple of job promotions, down the line. </div><div class="content_2rtodaynews" style="display: none;"><ul><li>Young professionals willing to stretch their budgets now should consider Boston, Seattle, and Washington, D.C., among other cities, according to a new report from Trulia. In New Haven, Conn., the typical millennial (defined by Trulia as an adult between ages 25 and 34) can expect to spend 37 percent of her income on housing in the first year of her mortgage. Three years later, though, the same homebuyer’s monthly payments will fall below 31 percent of her income, according to Trulia’s estimates. By the last year of her 30-year mortgage, she’ll be spending 11 percent of her income on housing.</li>"There's a sweet spot of metros where a mortgage looks obtainable but unaffordable, but where it doesn't take long to become affordable," said Ralph McLaughlin, a housing economist at Trulia. <li>Trulia built its model on the rough assumption that in three decades, today’s 25-year-olds will earn the same as today’s 55-year-olds. (It also baked in some inflation.) That seems like a reasonable basis for comparing local housing markets, but an overly broad one for making financial decisions.</li></ul></div><div class="content_3rtodaynews" style="display: none;"><ul><li>Here are some other caveats: It wasn’t very long ago that U.S. homebuyers helped wreck the world economy by stretching their budgets to buy homes they couldn’t afford. Don’t do that. And even if you want to, it will be harder to find an enabling mortgage lender this time around. The average debt-to-income ratio that a borrower needs to close a loan has hovered around 25 percent in recent years, according to mortgage software company Ellie Mae, indicating that many buyers would struggle to convince a lender to let them stretch.</li><li>The other thing that stands out in the Trulia report is the low likelihood that young workers will ever be able to afford homes in California. In San Francisco, the typical millennial will still be spending 48 percent of her income on housing in the last year of her mortgage. In San Jose, the figure is 38 percent. In other words, the median home will still be unaffordable to the median millennial when that group is approaching retirement. It’s a grim picture up and down the coast.</li>California, to judge from the above, looks destined to become the land of the elderly. </ul>support by ZATco &amp; 20News </div><div style="font-weight: bold;">Read Full Text : <a class="button_1rtodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> Back To Title</a> <a class="button_2rtodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> Read Text Part 1</a> <a class="button_3rtodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> Read Text Part 2</a></div><script src="https://ajax.googleapis.com/ajax/libs/jquery/1.5.1/jquery.min.js" type="text/javascript"> </script> <script> jQuery(document).ready(function(){ jQuery('.button_1rtodaynews').click(function(){ jQuery('.content_1rtodaynews').show('slow'); jQuery('.content_2rtodaynews').hide('slow'); jQuery('.content_3rtodaynews').hide('slow'); return false; }); jQuery('.button_2rtodaynews').click(function(){ jQuery('.content_1rtodaynews').show('slow'); jQuery('.content_2rtodaynews').show('slow'); jQuery('.content_3rtodaynews').hide('slow'); return false; }); jQuery('.button_3rtodaynews').click(function(){ jQuery('.content_1rtodaynews').show('slow'); jQuery('.content_2rtodaynews').hide('slow'); jQuery('.content_3rtodaynews').show('slow'); return false; }); }); </script> <br /><div class="content_1stodaynews"><h3>FIFA’s Sepp Blatter Taken to Hospital After Suffering Breakdown</h3>Suspended FIFA President Joseph “Sepp” Blatter is recovering in the hospital after suffering a “small breakdown,” his spokesman said. </div><div class="content_2stodaynews" style="display: none;"><b>by T Panja</b><br /><ul><li>Blatter, will probably remain in the hospital until Tuesday, Klaus Stoehlker said by phone on Wednesday.</li><li>“He’s laughing and his whole charm is back,” Stoehlker said. “He’s a little bit weak so that’s why he will stay until he’s fully recovered.”</li><li>The Swiss attorney general in September opened a criminal investigation into allegations that Blatter, the head of global soccer’s governing body, was involved in an illicit payment to European soccer chief Michel Platini.</li><li>Blatter is confident of appealing the suspension, Stoehlker said. The 79-year-old has delivered “meters and meters” of documents to prove his innocence. </li>support by ZATco &amp; 20News </ul></div><div class="content_3stodaynews" style="display: none;">NO TEXT </div><div style="font-weight: bold;">Read Full Text : <a class="button_1stodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> Back To Title</a> <a class="button_2stodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> Read Text Part 1</a> <a class="button_3stodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> Read Text Part 2</a></div><script src="https://ajax.googleapis.com/ajax/libs/jquery/1.5.1/jquery.min.js" type="text/javascript"> </script> <script> jQuery(document).ready(function(){ jQuery('.button_1stodaynews').click(function(){ jQuery('.content_1stodaynews').show('slow'); jQuery('.content_2stodaynews').hide('slow'); jQuery('.content_3stodaynews').hide('slow'); return false; }); jQuery('.button_2stodaynews').click(function(){ jQuery('.content_1stodaynews').show('slow'); jQuery('.content_2stodaynews').show('slow'); jQuery('.content_3stodaynews').hide('slow'); return false; }); jQuery('.button_3stodaynews').click(function(){ jQuery('.content_1stodaynews').show('slow'); jQuery('.content_2stodaynews').hide('slow'); jQuery('.content_3stodaynews').show('slow'); return false; }); }); </script> <br /><div class="content_1ttodaynews"><h3>Bitcoin Has Come Crashing Back to Earth</h3>While the virtual currency is still about 20 percent higher than it was a month ago, it has fallen sharply in recent days. </div><div class="content_2ttodaynews" style="display: none;"><b>by J Verhage</b><br /><ul> Bitcoin's recent rally has reversed in a major way. <li>While the virtual currency is still about 20 percent higher than it was a month ago, it has fallen sharply in recent days.</li><li>Searching for reasons behind bitcoin's price movements often feels like an exercise in futility, but two things did dominate recent conversations concerning the cryptocurrency's rise; those were a questionable Russian scheme as well as a surge in Chinese demand. Now it seems the two may be inextricably linked.</li><li>User registrations and transactions on bitcoin exchanges like BTCC – one of China's largest – have surged since mid September, around the same time the Russian scheme took off. According to BTCC, transaction volume in bitcoins went from 540,324 in September to 1,152,889 in October. "We saw a hockey stick change in daily registrations," Bobby Lee, CEO of the exchange, said in an interview last week. "The last few days have been crazy and customer service is around the clock, working overtime." </li><li>Some argue that Chinese demand may have surged as investors attempted to bypass the country's capital controls or looked for a way to avoid volatility in the stock market. But others say that doesn't make much sense since – as evidenced by this week's price movement – bitcoin itself is extremely unpredictable.</li><li>Investors who piled into the currency at its recent peak are now experiencing that volatility first hand.</li>support by ZATco &amp; 20News </ul></div><div class="content_3ttodaynews" style="display: none;">NO TEXT </div><div style="font-weight: bold;">Read Full Text : <a class="button_1ttodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> Back To Title</a> <a class="button_2ttodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> Read Text Part 1</a> <a class="button_3ttodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> Read Text Part 2</a></div><script src="https://ajax.googleapis.com/ajax/libs/jquery/1.5.1/jquery.min.js" type="text/javascript"> </script> <script> jQuery(document).ready(function(){ jQuery('.button_1ttodaynews').click(function(){ jQuery('.content_1ttodaynews').show('slow'); jQuery('.content_2ttodaynews').hide('slow'); jQuery('.content_3ttodaynews').hide('slow'); return false; }); jQuery('.button_2ttodaynews').click(function(){ jQuery('.content_1ttodaynews').show('slow'); jQuery('.content_2ttodaynews').show('slow'); jQuery('.content_3ttodaynews').hide('slow'); return false; }); jQuery('.button_3ttodaynews').click(function(){ jQuery('.content_1ttodaynews').show('slow'); jQuery('.content_2ttodaynews').hide('slow'); jQuery('.content_3ttodaynews').show('slow'); return false; }); }); </script></div>ZAT Cohttps://plus.google.com/109368630212859290585noreply@blogger.com0tag:blogger.com,1999:blog-3565408594758982642.post-65399777529347577402015-11-03T16:40:00.000+02:002016-08-30T02:36:15.135+03:00TODAY NEWS 03 November 2015<div dir="ltr" style="text-align: left;" trbidi="on"><div dir="ltr" style="text-align: left;" trbidi="on"><div class="separator" style="clear: both; text-align: center;"><a href="http://1.bp.blogspot.com/-dbQBJ009xrE/VjhS9e1bc_I/AAAAAAAABJ4/HOmzNzXEIkw/s1600/Tab%2B%2BUSA%2BObama%2B2.JPG" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" src="https://1.bp.blogspot.com/-dbQBJ009xrE/VjhS9e1bc_I/AAAAAAAABJ4/HOmzNzXEIkw/s1600/Tab%2B%2BUSA%2BObama%2B2.JPG" style="font-family: Verdana,sans-serif;" /></a></div><div dir="ltr" style="text-align: left;" trbidi="on"><br /><ul style="font-family: Verdana,sans-serif; text-align: justify;"><li>Why Inflation is ridiculously low ? or this is just some trick by governments?</li></ul><div style="font-family: Verdana,sans-serif; text-align: justify;"></div><div style="font-family: Verdana,sans-serif; text-align: justify;"></div><div style="font-family: Verdana,sans-serif; text-align: justify;"><b>Saudi Arabia fiscal position weakening, but still strong</b></div><div style="font-family: Verdana,sans-serif; text-align: justify;">Oil prices making an impact</div><div style="font-family: Verdana,sans-serif; text-align: justify;"><br /></div><ul style="font-family: Verdana,sans-serif; text-align: justify;"><li>On Friday, S&amp;P downgraded credit rating and citing a pronounced negative swing in the fiscal balance sheet.&nbsp;&nbsp; Today, Moody's said that the Saudi government has cut back on expenditures, and that without such budget cuts and/or non-oil revenue increases, the Kingdom's creditworthiness will be affected.&nbsp; The rating agency added that volatile oil prices continue to when the government's balance sheet and that they see a deficit of 17% of GDP.&nbsp; </li><li>In 2013, there was a large surplus of 7% of GDP but with oil prices quickly retreating, that surplus is being eroded quickly. &nbsp;</li><li>The IMF warned recently that the oil rich countries of the middle east will run out of cash in 5 years or less will save from $50 a barrel.&nbsp; Saudi Arabia derives 80% of revenue from oil.&nbsp;&nbsp; </li><li>To combat a shortfall of cash, S&amp;P believes that Saudi Arabia will need to rely on more debt and draw down it's stockpile of cash from it's sovereign wealth fund. This could have a knock on effect of lowering demand for other assets around the world.&nbsp; </li></ul><br /><script src="https://ajax.googleapis.com/ajax/libs/jquery/1.5.1/jquery.min.js" type="text/javascript"> </script> <br /><div class="content_1ktodaynews"><h3>China Tells Eager Parents to Hold Off on the Baby-Making for Now</h3></div><div class="content_2ktodaynews" style="display: none;">China ordered local family planning agencies to keep enforcing the country’s one-child policy, undercutting one province’s plans to start letting parents expand their families now, state media said. <br /><ul><li>The policy, which the ruling Communist Party abandoned Thursday after 36 years, would remain the law until legislators amend it this spring, the Beijing News reported Sunday, citing a statement by the National Health and Family Planning Commission. Until then, local authorities shouldn’t "willfully" enact their own versions of the new two-child limit prescribed by party leaders, the health ministry said. The statement came after a family planning official from the central province of Hunan told local media the two-child limit would take effect immediately. The party’s Central Committee decided to allow all couples to have more children after the country’s labor force shrank for the first time and previous efforts to encourage births fell short of its goal. </li></ul></div><div class="content_3ktodaynews" style="display: none;"><ul>The changes are part of President Xi Jinping’s blueprint to manage the economy’s shift to slower, more balanced growth for the rest of the decade. The so-called five-year plan must be approved by the National People’s Congress, which usually make few changes to proposals handed down by the ruling party. The health ministry estimates that about 90 million families would qualify for the two-child policy, helping to raise the population to an estimated 1.45 billion by 2030, compared with 1.37 billion now. Without the change, China’s population is expected to start declining after 2025. Preventing that contraction may prove difficult giving the rising costs of raising children and decades of discouraging larger families. Fewer than 1.8 million of the 11 million couples eligible to have a second child under the previous policy relaxation in December 2013 applied for permission.</ul></div></div></div>support by ZATco &amp; 20News <br /><div style="font-weight: bold;">Read Full Text : <a class="button_1ktodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> Back To Title</a> <a class="button_2ktodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> Read Text Part 1</a> <a class="button_3ktodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> Read Text Part 2</a></div><script src="https://ajax.googleapis.com/ajax/libs/jquery/1.5.1/jquery.min.js" type="text/javascript"> </script> <script> jQuery(document).ready(function(){ jQuery('.button_1ktodaynews').click(function(){ jQuery('.content_1ktodaynews').show('slow'); jQuery('.content_2ktodaynews').hide('slow'); jQuery('.content_3ktodaynews').hide('slow'); return false; }); jQuery('.button_2ktodaynews').click(function(){ jQuery('.content_1ktodaynews').show('slow'); jQuery('.content_2ktodaynews').show('slow'); jQuery('.content_3ktodaynews').hide('slow'); return false; }); jQuery('.button_3ktodaynews').click(function(){ jQuery('.content_1ktodaynews').show('slow'); jQuery('.content_2ktodaynews').hide('slow'); jQuery('.content_3ktodaynews').show('slow'); return false; }); }); </script> <script src="https://ajax.googleapis.com/ajax/libs/jquery/1.5.1/jquery.min.js" type="text/javascript"> </script> <br /><div class="content_1ltodaynews"><h3>Nissan Raises Full-Year Profit Forecast as Demand Rises in U.S.</h3></div><div class="content_2ltodaynews" style="display: none;"><b>by Ma Jie and Masatsugu Horie </b><br /><ul><li>Nissan Motor Co. raised its full-year profit forecast as Japan’s second-biggest automaker reaps benefits from an increase in U.S. demand and a weaker yen.</li><li>Net income may rise 17 percent to 535 billion yen ($4.4 billion) in the year through March, Nissan said Monday. That’s up from the company’s 485 billion yen forecast made in May and in line with analysts’ estimates.</li><li>Nissan is benefiting from a robust U.S. market that registered the fastest pace of sales growth in more than a decade, boosting demand for its Rouge crossovers and Altima sedans and offsetting weak sales in Japan and China. Low interest rates and gas prices have helped General Motors Co. post a record quarterly profit while Ford Motor Co. doubled its net income.</li><li>“The strong U.S. demand is making up for weakness in many other markets, including Japan,” said Seiji Sugiura, an analyst at Tokai Tokyo Research Center. “But they can’t count on the U.S. forever because the market will peak out and their model mix will deteriorate.”</li><li>Nissan raised its full-year revenue forecast to 12.25 trillion yen and operating income to 730 billion yen, citing strong demand in North America, “cost discipline” and gains from a weak yen. The automaker has based its forecast on 119.4 yen to a U.S. dollar, compared with an earlier estimate of 115 yen. Nissan cut its global sales target by 50,000 units to 5.5 million units, citing weak demand for commercial vehicles in China.</li><li>The carmaker’s net income increased 38 percent to 172.8 billion yen in the quarter through September, beating analyst estimates.</li></ul></div><div class="content_3ltodaynews" style="display: none;"><b>by Ma Jie and Masatsugu Horie </b> <br /><ul><b>Trump’s Lament</b><li>Donald Trump took aim at Japanese automakers benefiting from a weaker yen, remarking on “the biggest ships I have ever seen” loaded with Japanese cars in Los Angeles, while saying he will bring jobs back to the U.S. from Asia’s two largest economies.</li><li>Japanese companies including Toyota Motor Corp. have enjoyed record profits under Prime Minister Shinzo Abe, who has been credited with weakening the yen. Nissan’s sales in the U.S. climbed 6.6 percent in the six months through September, outpacing the industry. </li><b>Deliveries were boosted by demand for its Rogue crossovers.</b><li>Shares of Nissan fell 2.1 percent to 1,240 yen in Tokyo, before the earnings announcement. The benchmark Nikkei 225 Stock Average declined 2.1 percent.</li><b>China Sales</b><li>In China, Nissan’s sales fell 2.6 percent in the six months through September, dented by a slump in light commercial vehicle demand as economic growth cools. A tax cut by the government starting October provided respite, boosting the company’s passenger car deliveries in the country by 19 percent.</li><li>Nissan is struggling to boost sales in Japan after an increase in the sales tax last year dented consumer demand. Deliveries in its home market have declined for 16 straight months through September.</li><li>At the earnings briefing on Monday, Nissan Chief Competitive Officer Hiroto Saikawa said the Japanese government fully supports the carmaker’s concern over the French state’s growing influence on its alliance with Renault SA, as tensions mount over control of one of the most successful automaker partnerships.</li></ul>support by ZATco &amp; 20News </div><div style="font-weight: bold;">Read Full Text : <a class="button_1ltodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> Back To Title</a> <a class="button_2ltodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> Read Text Part 1</a> <a class="button_3ltodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> Read Text Part 2</a></div><script src="https://ajax.googleapis.com/ajax/libs/jquery/1.5.1/jquery.min.js" type="text/javascript"> </script> <script> jQuery(document).ready(function(){ jQuery('.button_1ltodaynews').click(function(){ jQuery('.content_1ltodaynews').show('slow'); jQuery('.content_2ltodaynews').hide('slow'); jQuery('.content_3ltodaynews').hide('slow'); return false; }); jQuery('.button_2ltodaynews').click(function(){ jQuery('.content_1ltodaynews').show('slow'); jQuery('.content_2ltodaynews').show('slow'); jQuery('.content_3ltodaynews').hide('slow'); return false; }); jQuery('.button_3ltodaynews').click(function(){ jQuery('.content_1ltodaynews').show('slow'); jQuery('.content_2ltodaynews').hide('slow'); jQuery('.content_3ltodaynews').show('slow'); return false; }); }); </script> <script src="https://ajax.googleapis.com/ajax/libs/jquery/1.5.1/jquery.min.js" type="text/javascript"> </script> <br /><div class="content_1mtodaynews"><h3>Oil Guru Who Called 2014 Rout Sees OPEC Production on Hold</h3></div><div class="content_2mtodaynews" style="display: none;"><b>by Sharon Cho</b><br /><ul><li>OPEC will probably hold production steady at its meeting next month as the gap between supply and demand for oil closes, according to the analyst who correctly predicted last year’s rout in prices.</li>“I don’t think they have to do anything,” Gary Ross, founder and chairman of PIRA Energy Group, said in an interview in Singapore on Monday, referring to the Organization of Petroleum Exporting Countries. Global consumption of crude will continue to grow while output from non-OPEC countries will decline next year, helping to bring the market toward equilibrium, he said. <li>Oil tumbled more than 48 percent last year as U.S. stockpiles and production expanded, creating a global oversupply that the International Energy Agency estimates will persist until at least the middle of 2016. OPEC’s strategy to defend market share has exacerbated the glut as the group, which kept its production target unchanged at 30 million barrels a day at the last meeting in June, exceeded the quota for the past 17 months.</li>“There has to be a tightening of balances,” said Ross, who last year turned bearish on oil before prices shrank by almost half. While OPEC volumes have increased, both demand and production from outside the group have responded to low prices, he said. </ul></div><div class="content_3mtodaynews" style="display: none;"><b>by Sharon Cho</b><br /><ul><li>Brent crude for December delivery was unchanged at $49.56 a barrel on the London-based ICE Futures Europe exchange at 12:50 p.m. Singapore time. Prices have decreased 14 percent this year.</li>$70 Brent <li>PIRA forecasts demand for crude to grow 1.7 million barrels a day in 2016, compared with 1.9 million a day this year. Output outside OPEC is expected to decline next year by “several hundred thousands of barrels a day,” Ross said. Among the 12 members of OPEC, production is predicted to increase only in Iran and Iraq.</li>“Total non-OPEC crude and condensate production is forecast to fall below last year’s levels,” said Ross, predicting that Brent may rise to $70 by the end of 2016. “Supply growth is limited to OPEC, which grows just 500,000 to 600,000 barrels a day.” On average, Iran’s output will rise 300,000 barrels a day and Iraq’s will increase 240,000 barrels a day, compared with a year earlier, he estimated. <li>OPEC, which supplies about 40 percent of the world’s oil, is scheduled to gather in Vienna on Dec. 4, when Iran will officially notify the group of its plans to boost production by 500,000 barrels a day as soon as international sanctions against the Persian Gulf state are lifted, Oil Minister Bijan Namdar Zanganeh said in an interview with Mehr news agency.</li></ul>support by ZATco &amp; 20News </div><div style="font-weight: bold;">Read Full Text : <a class="button_1mtodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> Back To Title</a> <a class="button_2mtodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> Read Text Part 1</a> <a class="button_3mtodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> Read Text Part 2</a></div><script src="https://ajax.googleapis.com/ajax/libs/jquery/1.5.1/jquery.min.js" type="text/javascript"> </script> <script> jQuery(document).ready(function(){ jQuery('.button_1mtodaynews').click(function(){ jQuery('.content_1mtodaynews').show('slow'); jQuery('.content_2mtodaynews').hide('slow'); jQuery('.content_3mtodaynews').hide('slow'); return false; }); jQuery('.button_2mtodaynews').click(function(){ jQuery('.content_1mtodaynews').show('slow'); jQuery('.content_2mtodaynews').show('slow'); jQuery('.content_3mtodaynews').hide('slow'); return false; }); jQuery('.button_3mtodaynews').click(function(){ jQuery('.content_1mtodaynews').show('slow'); jQuery('.content_2mtodaynews').hide('slow'); jQuery('.content_3mtodaynews').show('slow'); return false; }); }); </script> <script src="https://ajax.googleapis.com/ajax/libs/jquery/1.5.1/jquery.min.js" type="text/javascript"> </script> <br /><div class="content_1ntodaynews"><h3>China Slide Toward Debt-Deflation Trap Needs 5-Year Plan Fix</h3></div><div class="content_2ntodaynews" style="display: none;"><ul><li>As China’s Communist Party leaders began rolling out a blueprint last week to manage a transition to more balanced growth over the next five years, they confront the immediate task of halting the economy’s slide toward a debt-deflation trap.</li><li>The central bank stepped up efforts last month to avert that risk with a sixth interest-rate cut in a year. While easier policy helps tide over the short term, a long-term fix needs leaders to back reforms in the 13th five-year plan that slash excess industrial capacity, rev up new growth drivers and shift funding away from deadbeat state companies to vibrant private ones.</li><li>China’s total outstanding borrowing has surged by two-thirds since 2008 to 208 percent of gross domestic product, producer prices have slumped for 43 consecutive months and the consumer price index began a downward trajectory in the middle of last year. The risk is a vicious downward spiral that traps companies as their assets lose value at the same time as real financing costs rise, forcing them to borrow more to stay afloat in a cascading downward plunge.</li>"While monetary easing can help and is necessary, corporate and state enterprise reforms are critical," said Wang Tao, a China economist with UBS Group AG in Hong Kong. "To fundamentally address the issues, China needs to embark on more structural reforms to unleash new sources of growth, to retire excess capacity and close "zombie" companies and write off bad debt on banks’ balance sheets." <li>Underscoring sluggishness in China’s old growth drivers, the official factory gauge signaled that manufacturing contracted for a third straight month. The purchasing managers index remained unchanged at 49.8 in October, the National Bureau of Statistics said Sunday, below the median estimate of 50 in a Bloomberg survey. A gauge of prices manufacturers expect to pay decreased to an eight-month-low of 44.4, NBS said. Readings under 50 indicate below-trend growth.</li><li>A separate purchasing managers’ index from Caixin Media and Markit Economics improved to 48.3 in October. That beat the median estimate of 47.6 in a Bloomberg survey and rose from the final reading of 47.2 in the month earlier.</li><li>Premier Li Keqiang has signaled China needs minimum growth of about 6.5 percent per year through 2020 to meet the goal of becoming a "moderately prosperous society." That could indicate the leadership’s readiness to accept the weakest period of expansion since the economy was opened up more than three decades ago.</li>Lower Target <li>Lowering the growth target to 6.5 percent would reflect the difficult economic transition underway as China shifts its growth toward services and higher value-added manufacturing and as "significant and sometimes painful structural reforms are needed," said Rajiv Biswas, Asia-Pacific chief economist at IHS Global Insight in Singapore.</li><li>Whether China can deliver that pace of growth depends on how much financial, state enterprise and land reform it can bring about, said Larry Hu, head of China economics at Macquarie Securities Ltd. in Hong Kong. Financial reform will increase volatility dramatically and state-owned enterprise reform and land reform will take on the two most powerful groups in China: state companies and local governments, he said.</li>"These are politically difficult and very risky reforms but they are needed for China to find new growth engines," said Hu. "All the old growth engines are dead. This year, export growth is zero, property investment is zero, heavy industry and commodity producers have slumped." </ul></div><div class="content_3ntodaynews" style="display: none;"><ul><li>Policy makers should reduce debt by allowing thousands of heavily indebted and unprofitable enterprises to go bankrupt, says Victor Shih, a professor at the University of California at San Diego who studies China’s politics and finance.</li>"China has chosen to continue to inflate the debt bubble and to generate growth," he said. "But no country can do so forever." <li>Shuttering inefficient state companies producing losses and now being kept afloat by favorable credit terms will free up capital for more profitable companies to expand, said Julia Wang, a Hong Kong-based economist with HSBC Holdings Plc in Hong Kong.</li><li>So far, the central bank’s efforts to counter the risk of debt deflation have come up short. Former central bank adviser Yu Yonding says China is repeating mistakes it made in the 1990s, when it eased too little, too late, leaving producer prices in negative territory for almost three years.</li><li>HSBC’s Wang agrees, saying the central bank has been "behind the curve" as it prioritized reining in debt. Should growth fail to reverse its downward momentum this quarter, she says it would take a "circuit breaker" of as much as a 300 basis point reduction in banks’ required reserve ratio, along with an explicit government statement saying it will front-load infrastructure investment to turnaround negative expectations about deflation and growth.</li>"It takes time for the cost of debt deflation to appear via the shrinking of the balance sheet and the risk aversion of the banking system," she said. "It leads to another leg down in demand, and so on, in a downward spiral." Monetary Firepower <li>In the short term, China retains a big monetary arsenal to help counter downward pressure on the economy. The benchmark one-year lending rate is by comparison with western nations still high at 4.35 percent, and it has about 23 trillion yuan ($3.6 trillion) in bank deposits locked up as reserves. </li><li>Such ammunition may enable China to "muddle through" for a long time but will not prevent growth from grinding down to an average of about 5 percent per annum to 2020, says Andrew Polk, an economist with the Conference Board in Beijing. And cutting interest rates actually risks exacerbating deflation because the outcome will be more funds flowing to state enterprises that build additional excess capacity, pushing prices even lower, said Polk.</li>"Right now the structural problem of overcapacity is overpowering the cyclical fixes they are using to address demand," he said ahead of the release of five-year plan communique. "We just see a long-term deceleration because of the stalled reform program." </ul>support by ZATco &amp; 20News </div><div style="font-weight: bold;">Read Full Text : <a class="button_1ntodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> Back To Title</a> <a class="button_2ntodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> Read Text Part 1</a> <a class="button_3ntodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> Read Text Part 2</a></div><script src="https://ajax.googleapis.com/ajax/libs/jquery/1.5.1/jquery.min.js" type="text/javascript"> </script> <script> jQuery(document).ready(function(){ jQuery('.button_1ntodaynews').click(function(){ jQuery('.content_1ntodaynews').show('slow'); jQuery('.content_2ntodaynews').hide('slow'); jQuery('.content_3ntodaynews').hide('slow'); return false; }); jQuery('.button_2ntodaynews').click(function(){ jQuery('.content_1ntodaynews').show('slow'); jQuery('.content_2ntodaynews').show('slow'); jQuery('.content_3ntodaynews').hide('slow'); return false; }); jQuery('.button_3ntodaynews').click(function(){ jQuery('.content_1ntodaynews').show('slow'); jQuery('.content_2ntodaynews').hide('slow'); jQuery('.content_3ntodaynews').show('slow'); return false; }); }); </script> <br /><div class="content_1otodaynews"><h3>Russian Plane's Midair Breakup a Puzzle in Modern Jet Era</h3></div><div class="content_2otodaynews" style="display: none;"><ul><li>Investigators examining the crash of a Russian passenger jet in the Egyptian desert have an advantage over recent high-profile probes -- with the impact zone readily accessible, the debris field unencumbered by jungle or water and plane’s flight recorders already located.</li><li>With wreckage spread over a wide area, there’s also little doubt that the plane broke up in the sky. Reading the recorders, known as black boxes, should help with the complex task of explaining how an airliner built to withstand extreme turbulence and equipped with computerized flight limits to ensure it maintains control could have been ripped to pieces.</li>“They’ve got the wreckage, they’ve got the recorders, they’ve got the air-traffic-control recordings,” said Paul Hayes, safety director at London-based aviation consultancy Ascend Worldwide. “Assuming the recorders are in good condition they should have initial views within a week.” <li>The Metrojet Airbus Group SE A321 plummeted into a remote area of Egypt’s Sinai peninsula 23 minutes after leaving the Red Sea resort of Sharm el-Sheikh on a flight to St. Petersburg, killing all 224 people aboard. Wreckage was found in an area about 8 kilometers long and 4 kilometers wide (5 miles long by 2.5 miles wide), suggesting the aircraft broke up at high altitude, Alexander Neradko, the head of the Russian Federal Aviation Authority, said in an interview with Rossiya-24 state television.</li>Difficult Investigations <li>The easily accessible wreckage and the intact recorders should help investigators compared to more difficult crashes. After Air France Flight 447 disappeared over the Atlantic Ocean en route from Rio De Janeiro to Paris in 2009, the search for the recorders took two years. In the case of Malaysia Air Flight 370, which went missing two years ago, the wreckage itself has yet to be located, except for a small piece from the wing that washed up on shore this summer. For the crash of Flight MH17 over Ukraine, the probe was hindered by political conflict that limited access to the site of the wreckage and possibly contributed to evidence being tampered with.</li><li>To find out what happened, investigators of the Metrojet crash will start with listening to the cockpit voice recorder. The more complex task is synchronizing those recordings with information from the flight data recorder to piece together what happened to the plane. Egyptian authorities have said they have the equipment required to do that decoding.</li><li>If the airplane did indeed break up at high altitude, investigators will be looking at causes of similar crashes such as bombs, missiles, on-board explosions and structural failures. “It’s very hard to pull one of these things apart in flight. Very hard,” said John Cox, a former U.S. airline pilot who has participated in accident investigations. Not Credible </li></ul></div><div class="content_3otodaynews" style="display: none;"><ul><li>While the Islamic State’s Sinai affiliate claimed responsibility for shooting the plane down, Egyptian and Russian officials said those claims weren’t credible. Only the most sophisticated ground-based missiles can reach 31,000 feet (9,450 meters), the cruising altitude at which the Metrojet encountered problems and began to fall.</li><li>That doesn’t rule out a bomb like the one that detonated aboard Pan Am Flight 103 as it was carrying holiday travelers from London to New York on Dec. 21, 1988. A small explosive device smuggled aboard in checked luggage blew out the side of the Boeing Co. 747 and it came apart over Scotland, according to the U.K.’s Air Accidents Investigation Branch report.</li><li>So far, neither Egyptian nor Russian officials have said there’s any evidence of a bomb. Explosive devices cause telltale pitting on nearby metal and also leave chemical residue, according to the U.S. National Transportation Safety Board, so an examination of the wreckage should tell investigators whether or not that was the cause.</li><li>One area investigators will pay close attention is damage to the Metrojet A321 when its tail struck the runway while landing in Cairo in 2001. The plane was repaired and returned to service, according to Ascend Worldwide Ltd., a London-based company that gathers data for insurers.</li><li>There have been at least two similar accidents caused by improper repairs after tail damage.</li>Tail Strikes <li>China Airlines Flight 611, a Boeing 747 flying from Taiwan to Hong Kong on May 25, 2002, broke apart when a repair failed, causing an explosive decompression, according to Taiwan’s Aviation Safety Counsel. All 225 people aboard died when it fell into the Taiwan Strait. The jet’s tail had been repaired 22 years earlier, according to the investigation.</li><li>Japan Airlines Flight 123 crashed into a mountain in Japan on Aug. 12, 1985, after a repair to its tail came apart, destroying key flight control surfaces. Seven years earlier, its tail had been repaired after striking the ground during touchdown, according to Japan’s Aircraft Accident Investigation Commission. The crash killed 520 out of 524 people on board.</li><li>In both cases, part of the structure that holds in air at high altitudes, known as the aft pressure bulkhead, was damaged when the planes’ tails scraped the runway. Some photos of the wreckage in Egypt appear to show that the plane’s tail section fell separately from the rest of the plane. The Russian airline rejected the idea that tail repairs could have caused the crash, saying also that the plane had been properly maintained.</li><li>Another cause of midair breakups has been explosions in aircraft fuel tanks, according to Steve Wallace, former chief of the U.S. Federal Aviation Administration’s accident investigation division. TWA Flight 800, another 747, crashed into the Atlantic Ocean near New York on July 17, 1996, as a result of such an explosion, killing all 230 aboard, according to the NTSB.</li>“Unless there’s something that says ‘obvious,’ you generally have to wait until you get the reports from the recorders,” said Robert Mann, a former American Airlines executive who is president of R.W. Mann &amp; Co. and an aviation consultant, said in an interview. </ul>support by ZATco &amp; 20News </div><div style="font-weight: bold;">Read Full Text : <a class="button_1otodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> Back To Title</a> <a class="button_2otodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> Read Text Part 1</a> <a class="button_3otodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> Read Text Part 2</a></div><script src="https://ajax.googleapis.com/ajax/libs/jquery/1.5.1/jquery.min.js" type="text/javascript"> </script> <script> jQuery(document).ready(function(){ jQuery('.button_1otodaynews').click(function(){ jQuery('.content_1otodaynews').show('slow'); jQuery('.content_2otodaynews').hide('slow'); jQuery('.content_3otodaynews').hide('slow'); return false; }); jQuery('.button_2otodaynews').click(function(){ jQuery('.content_1otodaynews').show('slow'); jQuery('.content_2otodaynews').show('slow'); jQuery('.content_3otodaynews').hide('slow'); return false; }); jQuery('.button_3otodaynews').click(function(){ jQuery('.content_1otodaynews').show('slow'); jQuery('.content_2otodaynews').hide('slow'); jQuery('.content_3otodaynews').show('slow'); return false; }); }); </script> <br /><div class="content_1ptodaynews"><h3>Jeep Sales Keep Soaring as Shoppers Dismiss Poor Quality Ratings</h3></div><div class="content_2ptodaynews" style="display: none;">Is Jeep the new Jaguar? <br /><ul><li>Last month, Consumer Reports readers ranked the sport utility vehicle line the second-least-reliable in the U.S. market, leading only Fiat. If quality alone mattered, Jeep would be doomed to the bargain bin.</li><li>Instead Jeep is, by any other measure, a massive hit. The iconic brand is closing in on a second-straight year as the fastest-growing major auto line in the U.S. Sales in the market rose 23 percent this year through September, outpacing second-place Subaru’s 14 percent, after soaring 41 percent last year. Jeep, along with Ram, is the main moneymaker for the third-largest automaker in the U.S., Fiat Chrysler Automobiles NV.</li>“Jeep reminds me of the European sports cars of the late ’50s and ’60s,” said Michelle Krebs, an analyst with Autotrader.com. “They were just nightmares in terms of quality and reliability, but people still loved them. Jeep is unique. People of all ages really aspire to owning one. It has a certain cachet, regardless of the surveys.” <li>America’s renewed affection for trucks and SUVs, deepened by available credit, affordable fuel and the latest technology, is pushing auto sales to the highest level in at least a decade, helping fuel Jeep’s expansion.</li><li>When automakers report October sales on Tuesday, the industry may show a 10 percent jump in car and light-truck deliveries, to 1.41 million, the average of four analyst estimates. The annualized rate, adjusted for seasonal trends, will probably be 17.6 million, the average of 13 estimates in a Bloomberg survey. The projected gains include 14 percent for Ford Motor Co., 12 percent by General Motors Co. and 13 percent for Fiat Chrysler, led by the 31 percent gain that TrueCar projects for Jeep.</li>Long Road <li>It would be Fiat Chrysler’s 67th consecutive monthly sales gain, a run that owes a lot of its resiliency to Jeep. The brand’s go-anywhere image was born on the battlefields of World War II and popularized in the 1980s SUV boom with the debut of the original Cherokee. Todd Goyer, a Jeep spokesman, declined to comment.</li><li>Brand sales have been helped by longtime stalwarts, Wrangler and Grand Cherokee, but also relatively newer ones, like the resurrected Cherokee, which went on sale in 2013, and the Renegade, which started selling in the U.S. this year.</li><li>It isn’t just Consumer Reports. J.D. Power ranked Jeep below industry average in this year’s survey of issues in the first 90 days of ownership. Only Subaru, Smart, Chrysler and Fiat ranked lower. Jeep placed third from the bottom in J.D. Power’s vehicle dependability study, a longer-term look at quality. Jeep outpaced only Land Rover and, once again, Fiat.</li></ul></div><div class="content_3ptodaynews" style="display: none;">Teflon Brands <br /><ul><li>Teflon-coated auto brands aren’t new, they just tend to be niche. Jaguar was a small but infamous blend of beauty and dubious dependability. It’s since evolved into a brand with above industry average reliability and aspirations of BMW-like volume.</li><li>Last month, Consumer Reports withdrew its recommendation for Tesla Motors Inc.’s Model S after owners complained about quality issues as minor as a squeaky roof and as mission-critical as an electric motor that needed replacing. Despite the complaints, Tesla owner satisfaction remains high and demand outstrips supply. Through September, Tesla had already topped last year’s 31,655 deliveries.</li><li>Jeep’s resiliency isn’t just a U.S. phenomenon. Globally, sales rose 39 percent last year, topping 1 million for the first time. As recently as 2009, Jeep was forecasting global sales of 800,000 for 2014.</li><li>A year ago, Sergio Marchionne, Fiat Chrysler’s chief executive officer, said Jeep would sell 1.9 million vehicles by 2018. Last week he said that target “is probably understated.”</li><li>David Kelleher said he has been selling Jeeps at his store just west of Philadelphia since 2007. Ratings from Consumer Reports, whether positive of negative, have much less influence, he said, than what shoppers’ friends and neighbors might say.</li><b>“Build a Jeep, they’ll come,” he said.</b> </ul>support by ZATco &amp; 20News </div><div style="font-weight: bold;">Read Full Text : <a class="button_1ptodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> Back To Title</a> <a class="button_2ptodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> Read Text Part 1</a> <a class="button_3ptodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> Read Text Part 2</a></div><script src="https://ajax.googleapis.com/ajax/libs/jquery/1.5.1/jquery.min.js" type="text/javascript"> </script> <script> jQuery(document).ready(function(){ jQuery('.button_1ptodaynews').click(function(){ jQuery('.content_1ptodaynews').show('slow'); jQuery('.content_2ptodaynews').hide('slow'); jQuery('.content_3ptodaynews').hide('slow'); return false; }); jQuery('.button_2ptodaynews').click(function(){ jQuery('.content_1ptodaynews').show('slow'); jQuery('.content_2ptodaynews').show('slow'); jQuery('.content_3ptodaynews').hide('slow'); return false; }); jQuery('.button_3ptodaynews').click(function(){ jQuery('.content_1ptodaynews').show('slow'); jQuery('.content_2ptodaynews').hide('slow'); jQuery('.content_3ptodaynews').show('slow'); return false; }); }); </script> <br /><div class="content_1qtodaynews"><h3>Modi Fires Back at Critics Who Say Intolerance Rising in India</h3></div><div class="content_2qtodaynews" style="display: none;"><b>by Unni Krishnan &amp; Bibhudatta Pradhan</b><br /><ul>Indian Prime Minister Narendra Modi fired back at critics who say intolerance is rising under his government. <li>The main opposition Congress party has no right to talk about intolerance because it presided over anti-Sikh riots in 1984 that left about 3,000 people dead, Modi told a campaign rally in Bihar on Monday. Congress leaders were blamed for fomenting the violence days after former leader Indira Gandhi was assassinated by Sikh bodyguards.</li>“Till now tears from the eyes of victims of Sikh families have not been dried," Modi said. “You are enacting drama.” <li>India has seen tensions rise in recent months, with some members of Modi’s ruling Bharatiya Janata Party making inflammatory comments after a mob killed a Muslim man over rumors that he slaughtered a cow, an animal sacred in Hinduism, and ate beef. Hindus make up about 80 percent of India’s population, with Muslims accounting for 14 percent.</li></ul></div><div class="content_3qtodaynews" style="display: none;"><b>by Unni Krishnan &amp; Bibhudatta Pradhan</b><br /><ul><li>Concerns are growing that tension between religious groups may hijack Modi’s economic agenda. In a report last week, Moody’s Analytics said Modi must keep his members in check or risk losing domestic and global credibility.</li><li>Central bank Governor Raghuram Rajan weighed in on Saturday, saying in a speech that tolerance is important for faster growth. Finance Minister Arun Jaitley responded the next day, saying in a Facebook post that India “remains a highly tolerant and liberal society," and the mob murder was a “stray incident."</li><li>Congress party chief Sonia Gandhi, Indira Gandhi’s daughter-in-law, plans to lead supporters to petition India’s president on Monday to take action against rising intolerance. Dozens of writers, scientists and artists recently returned national awards to protest a climate of intolerance epitomized by the killing of scholars who had been criticized by Hindu groups.</li><li>Election results in Bihar will be tallied on Nov. 8. A victory could help Modi further his goal of controlling India’s upper house of the national parliament and passing stalled economic proposals.</li></ul>support by ZATco &amp; 20News </div><div style="font-weight: bold;">Read Full Text : <a class="button_1qtodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> Back To Title</a> <a class="button_2qtodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> Read Text Part 1</a> <a class="button_3qtodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> Read Text Part 2</a></div><script src="https://ajax.googleapis.com/ajax/libs/jquery/1.5.1/jquery.min.js" type="text/javascript"> </script> <script> jQuery(document).ready(function(){ jQuery('.button_1qtodaynews').click(function(){ jQuery('.content_1qtodaynews').show('slow'); jQuery('.content_2qtodaynews').hide('slow'); jQuery('.content_3qtodaynews').hide('slow'); return false; }); jQuery('.button_2qtodaynews').click(function(){ jQuery('.content_1qtodaynews').show('slow'); jQuery('.content_2qtodaynews').show('slow'); jQuery('.content_3qtodaynews').hide('slow'); return false; }); jQuery('.button_3qtodaynews').click(function(){ jQuery('.content_1qtodaynews').show('slow'); jQuery('.content_2qtodaynews').hide('slow'); jQuery('.content_3qtodaynews').show('slow'); return false; }); }); </script> <br /><div class="content_1rtodaynews"><h3>FBI Takes a Bullet in Banks' $50 Billion Fee War With Retailers</h3></div><div class="content_2rtodaynews" style="display: none;"><b>by Elizabeth Dexheimer &amp; Robert Schmidt </b><br /><ul>Perhaps the FBI should have stuck to catching bank robbers, rather than weighing in on bank cards. <li>Last month, the nation’s premier law enforcement agency issued a seemingly innocuous fraud alert telling shoppers to use a PIN with new credit cards embedded with computer chips. Though the goal was to promote security, the bureau instead found itself ensnared in a decade-long dispute between banks and retailers, in which about $50 billion in annual fees are at stake.</li><b>The blowback from both sides has been intense.</b><li>Banks said they were blindsided by the notice and forced the bureau to retract it. Next, a senior Democratic senator demanded to know why the alert mysteriously disappeared, asking if the Federal Bureau of Investigation was “taking appropriate steps to protect consumers.” A merchants group then accused the “banking lobby” of lying to the agency.</li>“The FBI has accidentally stepped in a hot-button political issue,” said Nick Holland, who tracked the incident as an analyst at Javelin Strategy &amp; Research, a consulting firm that focuses on the payments industry. <b>Lobbyist Armies</b><li>Welcome to the fight over credit-card swipe fees, one of the more antagonistic, long-running battles in Washington where retailers like Wal-Mart Stores Inc. and Target Corp. vie against financial firms including Visa Inc. and JPMorgan Chase &amp; Co. Both sides retain armies of lobbyists, trade associations and public relations specialists to push their agendas. The fight over personal identification numbers, or PINs, is the latest front.</li><li>Retailers have long fumed about the cost of accepting credit cards -- about 2 percent of each transaction. Those swipe fees, also known as interchange, are set by Visa and MasterCard. Most of the money ultimately goes to banks, which say they use it to fund security and technology upgrades and cardholders’ beloved reward programs. Merchants counter that reducing the payments will lower prices at the register.</li><li>By weighing in on PINs, the FBI inadvertently backed a retailer strategy to slice interchange fees, according to Holland and other analysts tracking the payments industry. But that’s difficult to understand unless one is steeped in the intricacies of the complex policy debate.</li><li>On one side, banks oppose setting PINs for credit cards, partly because their research shows it will anger shoppers by slowing them down at the register. And that might prompt them to pay other ways. The firms also are concerned merchants will use the extra security feature to argue credit cards are essentially like debit cards, which use PINs and carry a much lower swipe fee.</li><b>‘Wake-Up Call’</b><li>Merchant groups say PINs are about protecting shoppers, and that the FBI’s warning proved that. They deny playing any role in getting the bureau involved.</li>“The FBI’s alert should be a wake-up call to the banks,” said Brian Dodge, a spokesman for the Retail Industry Leaders Association.</ul></div><br /><br /><br /><li>The FBI got its own wake-up call from the financial industry. The next day, bank lobbyists took credit for getting the alert taken down after telling the bureau it contained many inaccuracies.</li>“We did have a conversation with the bureau," said the American Bankers Association’s cyber-security expert, Doug Johnson. “Our main concern, frankly, was the characterization of PIN." <br /><div class="content_3rtodaynews" style="display: none;"><b>by Elizabeth Dexheimer &amp; Robert Schmidt </b><br /><ul> <b>Pointing Fingers</b><li>Both retailers and banks concede it’s a fight over fees wrapped in an argument about security. Still, they each blame the other side for that.</li>“Clearly money is behind it," Mallory Duncan, general counsel at the National Retail Federation, said of the banks’ resistance to issuing cards with PINs. <li>It’s the merchants who are being disingenuous in backing PINs, said Sam Geduldig, a partner at CGCN Group who lobbies on behalf of a coalition of card companies. “You can’t even engage in a serious discussion about consumer security without some of the retailers turning it into a backdoor, nonsensical argument about interchange,” he said.</li><li>The FBI’s Oct. 8 warning was timed to coincide with the U.S. rollout of chip cards, which consumers have been getting in the mail to replace cards that only had a magnetic strip on the back. Chip technology makes it virtually impossible for criminals to create counterfeit cards using a stolen account number. Before cyber attacks surged, retailers resisted that rollout because they didn’t want to replace costly credit-card readers. Now they are advocating PINs, which would make it even harder for criminals to take lost or stolen cards on shopping sprees.</li><b>Often Unavailable</b><li>A day after its alert was taken down, the FBI released a revised version, omitting the PIN recommendation. FBI spokeswoman Carol Cratty declined to comment on the flap except to say that the bureau had reissued the statement “to clarify the security safeguards associated" with chip cards.</li><li>Asked at an Oct. 22 congressional hearing about why the consumer alert was withdrawn, FBI Director James Comey said the first version was “a miss on our part” because the bureau didn’t realize that few stores or cards are equipped to handle the use of PINs. “We withdrew because our worry was we’re going to confuse a whole lot of people who are going to roll into places saying, ‘Where is the chip and PIN?’” he told the House Judiciary Committee. “And it isn’t widely available.”</li><li>The change is now facing scrutiny from Senator Richard Durbin, a longtime supporter of the retail industry who sponsored a controversial provision in the 2010 Dodd-Frank Act that required a reduction in swipe fees for debit cards. The Illinois Democrat wrote Comey, inquiring about the role of the bankers’ association in getting the notice changed. Durbin wondered whether the FBI was being hoodwinked by the banks.</li>“Is the FBI aware that payment card networks and banks in the United States have an incentive to dissuade consumers and merchants from using PINs?” Durbin wrote. “Is the FBI concerned that this incentive may cause card networks and banks to set security specifications that seek to maximize fee revenue instead of maximizing fraud prevention?” <b>Comey must respond to Durbin by Nov. 15. This time, at least, the bureau will know that both banks and merchants are ready to pounce on every word.<b></b></b></ul>support by ZATco &amp; 20News </div><div style="font-weight: bold;">Read Full Text : <a class="button_1rtodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> Back To Title</a> <a class="button_2rtodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> Read Text Part 1</a> <a class="button_3rtodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> Read Text Part 2</a></div><script src="https://ajax.googleapis.com/ajax/libs/jquery/1.5.1/jquery.min.js" type="text/javascript"> </script> <script> jQuery(document).ready(function(){ jQuery('.button_1rtodaynews').click(function(){ jQuery('.content_1rtodaynews').show('slow'); jQuery('.content_2rtodaynews').hide('slow'); jQuery('.content_3rtodaynews').hide('slow'); return false; }); jQuery('.button_2rtodaynews').click(function(){ jQuery('.content_1rtodaynews').show('slow'); jQuery('.content_2rtodaynews').show('slow'); jQuery('.content_3rtodaynews').hide('slow'); return false; }); jQuery('.button_3rtodaynews').click(function(){ jQuery('.content_1rtodaynews').show('slow'); jQuery('.content_2rtodaynews').hide('slow'); jQuery('.content_3rtodaynews').show('slow'); return false; }); }); </script> <br /><div class="content_1stodaynews"><h3>Crude Oil Facing Further Falls As Inventories Mount</h3></div><div class="content_2stodaynews" style="display: none;">Crude oil traders are again preparing for falls as the latest API inventory data points to a 4.1 million barrel build in oil stocks. <br /><ul><li>The tumultuous path of crude oil has been an interesting study in markets as the black gold again appears to be swirling around the drain hole. Recent figures released by the American Petroleum institute signal a build in oil stocks when the official EIA figures are released later. WTI prices have subsequently been under pressure as the market grapples with the risk of further over-supply. The current stockpile sits at around 480 million barrels and its negative implication increases as every day passes.</li><li>Regardless of your view on the current “war” between OPEC and US shale producers, the reality is that the continual inventory builds indicate more about the broader macro-economy then they do about the state of the global oil industry. Crude oil has always been a vastly superior measure of economic activity, with a focus on trade and transport, then any of the “massaged” economic stats that emanate from government.</li></ul></div><div class="content_3stodaynews" style="display: none;"><ul><li>Subsequently, taking a look at world fuel consumption tells us that the global economy has a significant amount of ground to make up before we can consider ourselves “recovered” from the grips of the financial crisis. Domestic demand for liquid fuels is still relatively lacklustre and static and demonstrates none of the economic strength that market pundits (and the Fed) would have you believe exists.</li><li>The unfortunate reality is that WTI crude oil is likely to remain under pressure whilst the US economy underperforms. Given that the recent US Core Durable Goods Orders result slipped to -0.4% m/m, I wouldn’t be expecting that to occur any time in the medium term. Subsequently, expect to see the key $40.00 level come back into focus in the coming months as the extent of US economic softness becomes apparent.</li><li>Also complicating matters is a report that the US government intends to open up the Strategic Petroleum Reserve (SPR) to effectively “dump” the market to cover their budget deficit. This single act of recklessness will not only add to the downward pressure but will also draw questions of why the nation would seek to partially liquidate a state asset during a period of severely depressed prices .</li><li>Given that the SPR has historically been tapped during periods of elevated prices to signal additional supply it would beggar belief that the price signalling mechanism would be employed when crude is in the doldrums. Subsequently, one would have to conclude that the deal was struck as part of the recent debt ceiling negotiations and that no thought was put to the economic consequences of “calling” crude prices lower.</li><li>Irrespective of the political idiocy, one thing is for certain, WTI crude prices are heading south. It is highly probable that the key $40.00 a barrel level could be in focus within the next month. In fact, our forecasting places prices within the $39.45 - $42.00 range by the end of 2015.</li></ul>support by ZATco &amp; 20News </div><div style="font-weight: bold;">Read Full Text : <a class="button_1stodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> Back To Title</a> <a class="button_2stodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> Read Text Part 1</a> <a class="button_3stodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> Read Text Part 2</a></div><script src="https://ajax.googleapis.com/ajax/libs/jquery/1.5.1/jquery.min.js" type="text/javascript"> </script> <script> jQuery(document).ready(function(){ jQuery('.button_1stodaynews').click(function(){ jQuery('.content_1stodaynews').show('slow'); jQuery('.content_2stodaynews').hide('slow'); jQuery('.content_3stodaynews').hide('slow'); return false; }); jQuery('.button_2stodaynews').click(function(){ jQuery('.content_1stodaynews').show('slow'); jQuery('.content_2stodaynews').show('slow'); jQuery('.content_3stodaynews').hide('slow'); return false; }); jQuery('.button_3stodaynews').click(function(){ jQuery('.content_1stodaynews').show('slow'); jQuery('.content_2stodaynews').hide('slow'); jQuery('.content_3stodaynews').show('slow'); return false; }); }); </script> <br /><div class="content_1ttodaynews"><h3></h3></div><div class="content_2ttodaynews" style="display: none;"><ul><li>Investing.com - Oil prices fell on Tuesday, extending losses into a third week, on worries over a supply glut and with U.S. inventory data expected to show another increase in crude stocks.</li><li>U.S. crude was down 1.42%, at $43.36 a barrel while Brent fell 0.77% to $47.18 a barrel.</li><li>An expected further build in U.S. crude stocks and a glut of refined products again raised concerns of an oversupplied market.</li><li>A report from the U.S. Energy Information Administration on Wednesday was expected to show that commercial crude stockpiles rose for a fifth straight week, by an average of 3 million barrels to 479.6 million.</li><li>Also weighing on prices was news that U.S. congressional leaders had proposed to sell 58 million barrels of oil from U.S. emergency reserves to help pay for a budget deal, although the sales would happen only between fiscal years 2018 and 2025.</li></ul>support by ZATco &amp; 20News </div><div class="content_3ttodaynews" style="display: none;">NO TEXT </div><div style="font-weight: bold;">Read Full Text : <a class="button_1ttodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> Back To Title</a> <a class="button_2ttodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> Read Text Part 1</a> <a class="button_3ttodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> Read Text Part 2</a></div><script src="https://ajax.googleapis.com/ajax/libs/jquery/1.5.1/jquery.min.js" type="text/javascript"> </script> <script> jQuery(document).ready(function(){ jQuery('.button_1ttodaynews').click(function(){ jQuery('.content_1ttodaynews').show('slow'); jQuery('.content_2ttodaynews').hide('slow'); jQuery('.content_3ttodaynews').hide('slow'); return false; }); jQuery('.button_2ttodaynews').click(function(){ jQuery('.content_1ttodaynews').show('slow'); jQuery('.content_2ttodaynews').show('slow'); jQuery('.content_3ttodaynews').hide('slow'); return false; }); jQuery('.button_3ttodaynews').click(function(){ jQuery('.content_1ttodaynews').show('slow'); jQuery('.content_2ttodaynews').hide('slow'); jQuery('.content_3ttodaynews').show('slow'); return false; }); }); </script><script src="https://ajax.googleapis.com/ajax/libs/jquery/1.5.1/jquery.min.js" type="text/javascript"> </script> <br /><div class="content_1atodaynews"><h3>Forex technical analysis: EURGBP scoots higher</h3></div><div class="content_2atodaynews" style="display: none;"><b>by Greg M</b><br /><ul><li>Hurts the GBPUSD (or GBPUSD helps lead EURGBP higher) The EURGBP is on the move higher. Support trend line was tested at hte 0.7109 level earlier today and we are now seeing the EURGBP make new session highs. The pair is approaching the 100 hour MA (blue line) and trend line at the 0.7175 level).</li><li>The move higher in the EURGBP is helping to push the GBPUSD back to the downside...Or is it the GBPUSD move lower, helping the EURGBP move higher? In either case, the two pair seem to be tied at the hip as the GBPUSD fell sharply, while the EURGBP was breaking higher. For the GBPUSD, the move lower extended the range for the day to new session lows. It also erased all the gains from the better UK data this morning and makes the 100 day MA test, look more like a test and a failure. </li><li>What makes me really cautious, however, is that the price for the GBPUSD tested 1.5400 and is right back up to 1.5430-39 currently. Meanwhile, the EURGBP scooted to 0.7164 and is now back at 0.7145. So do I trust the market? Not a whole lot. It seems to be perhaps driven by flows, stops. The trend line in the EURGBP did hold the line and did provide a level where traders could define and limit risk, but the recent push seems a little more random and flow driven (liquidity light too?).</li></ul>support by ZATco &amp; 20News </div><div class="content_3atodaynews" style="display: none;">NO TEXT </div><div style="font-weight: bold;">Read Full Text : <a class="button_1atodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> Back To Title</a> <a class="button_2atodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> Read Full Text Part 1</a> <a class="button_3atodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> Read Full Text Part 2</a></div><script src="https://ajax.googleapis.com/ajax/libs/jquery/1.5.1/jquery.min.js" type="text/javascript"> </script> <script> jQuery(document).ready(function(){ jQuery('.button_1atodaynews').click(function(){ jQuery('.content_1atodaynews').show('slow'); jQuery('.content_2atodaynews').hide('slow'); jQuery('.content_3atodaynews').hide('slow'); return false; }); jQuery('.button_2atodaynews').click(function(){ jQuery('.content_1atodaynews').show('slow'); jQuery('.content_2atodaynews').show('slow'); jQuery('.content_3atodaynews').hide('slow'); return false; }); jQuery('.button_3atodaynews').click(function(){ jQuery('.content_1atodaynews').show('slow'); jQuery('.content_2atodaynews').hide('slow'); jQuery('.content_3atodaynews').show('slow'); return false; }); }); </script> <script src="https://ajax.googleapis.com/ajax/libs/jquery/1.5.1/jquery.min.js" type="text/javascript"> </script> <br /><div class="content_1btodaynews"><h3>Forex technical analysis: AUDUSD flat lines before RBA decision</h3></div><div class="content_2btodaynews" style="display: none;"><b>by Greg M</b> <b>No change expected, although they could cut...</b><br /><ul><li>The RBA will announce there latest decision on rates in the new trading day (10:30 PM ET/02300 GMT). The expectation is for no change at 2%, but with a bias for a cut to 1.75%. The lower quarterly CPI inflation report, slower growth from China and the recent mortgage rate hikes should keep the RBA leaning more toward increased stimulus. The question is the timing.</li><li>Technically, looking at the daily chart, the price in October tested and held against the 100 day moving average (blue line in the chart above). At the highs in October,, the price also tested the 38.2% retracement of the move down from the may high to the September low. That level came in at 0.7380. The 100 day moving average currently comes in at 0.72923. The current price is down at 0.7138. Even if the RBA refrains from easing I would not expect that 100 day MA to be tested today. </li></ul></div><div class="content_3btodaynews" style="display: none;"><b>by Greg M</b> <br /><ul><li>Upside targets on "no change" would be centered on the 0.7158 (50% of the move up from the end of September low - see daily chart above). The next level that would need to be cleared would be a topside trend line on the hourly chart at the 0.7168 level (and moving down), the 200 hour MA (green line in the chart below currently at the 0.7178 level) and the 50% of the move down from the October 23 high at the 0.71787 level (see chart below). A move above that string of resistance would open up the upside and have traders looking toward a move above 0.7200 toward 0.7211.</li><li>On the downside, the AUDUSD did move above the 100 hour MA in the Asia-Pacific session and apart from one hourly bar above the MA line, the price has remained above that MA line. The current level for the 100 hour MA comes in at 0.7123. A move below that level, and staying below it, would give traders a license to sell. Below that and the 0.7100-10 area and the lows from Friday at 0.7083 and 0.7061 will be targeted. Below those levels and traders will be looking toward 0.7000. The low prices from end of September at 0.6935 and the beginning of September 0.6886 remain other targets but I would expect buyers on dips toward those levels. </li></ul>support by ZATco &amp; 20News </div><div style="font-weight: bold;">Read Full Text : <a class="button_1btodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> Back To Title</a> <a class="button_2btodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> Read Full Text Part 1</a> <a class="button_3btodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> Read Full Text Part 2</a></div><script src="https://ajax.googleapis.com/ajax/libs/jquery/1.5.1/jquery.min.js" type="text/javascript"> </script> <script> jQuery(document).ready(function(){ jQuery('.button_1btodaynews').click(function(){ jQuery('.content_1btodaynews').show('slow'); jQuery('.content_2btodaynews').hide('slow'); jQuery('.content_3btodaynews').hide('slow'); return false; }); jQuery('.button_2btodaynews').click(function(){ jQuery('.content_1btodaynews').show('slow'); jQuery('.content_2btodaynews').show('slow'); jQuery('.content_3btodaynews').hide('slow'); return false; }); jQuery('.button_3btodaynews').click(function(){ jQuery('.content_1btodaynews').show('slow'); jQuery('.content_2btodaynews').hide('slow'); jQuery('.content_3btodaynews').show('slow'); return false; }); }); </script> <script src="https://ajax.googleapis.com/ajax/libs/jquery/1.5.1/jquery.min.js" type="text/javascript"> </script> <br /><div class="content_1ctodaynews"><h3>Forex technical analysis: USDJPY moves away from hourly MAs</h3></div><div class="content_2ctodaynews" style="display: none;"><b>Above 100 and 200 hour MA</b><br /><ul><li>The USDJPY is trading at new session highs and moving little by little away from the 100 and 200 hour MAs at the 120.62-66 area. The price moved back above those MAs in the NY session and has remained above. The key target above remains the 200 day MA at the 121.028 level today. The price moved above that MA last week and and the week before as well, but each time above, the price reversed back down. Friday, the price moved right to the Oct 23/26th highs and reversed. </li><li>If the price is to go higher this week - and trend away from the converged MAs - that MA needs to broken and stayed broken. </li></ul>support by ZATco &amp; 20News </div><div class="content_3ctodaynews" style="display: none;">NO TEXT </div><div style="font-weight: bold;">Read Full Text : <a class="button_1ctodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> Back To Title</a> <a class="button_2ctodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> Read Full Text Part 1</a> <a class="button_3ctodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> Read Full Text Part 2</a></div><script src="https://ajax.googleapis.com/ajax/libs/jquery/1.5.1/jquery.min.js" type="text/javascript"> </script> <script> jQuery(document).ready(function(){ jQuery('.button_1ctodaynews').click(function(){ jQuery('.content_1ctodaynews').show('slow'); jQuery('.content_2ctodaynews').hide('slow'); jQuery('.content_3ctodaynews').hide('slow'); return false; }); jQuery('.button_2ctodaynews').click(function(){ jQuery('.content_1ctodaynews').show('slow'); jQuery('.content_2ctodaynews').show('slow'); jQuery('.content_3ctodaynews').hide('slow'); return false; }); jQuery('.button_3ctodaynews').click(function(){ jQuery('.content_1ctodaynews').show('slow'); jQuery('.content_2ctodaynews').hide('slow'); jQuery('.content_3ctodaynews').show('slow'); return false; }); }); </script> <script src="https://ajax.googleapis.com/ajax/libs/jquery/1.5.1/jquery.min.js" type="text/javascript"> </script> <br /><div class="content_1dtodaynews"><h3>Nasdaq leads the charge</h3></div><div class="content_2dtodaynews" style="display: none;"><b>by Greg M</b> <b>The major US stock indices are closing with solid gains today.</b><br /><ul><li>The Nasdaq is leading the move up 1.45%. The S&amp;P is up 1.19% and the Dow industrials rose by 0.94%. The Dow is now back up on the year.</li><b>In the US debt markets, yields were also higher:</b><li>2 year 0.753% +3 bp</li><li>5 year: 1.561% +4 bp</li><li>10 year: 2.18% +4 bp</li><li>30 year: 2.95% +3 bp</li>WTI Crude fell 1.01% to $46.11 <li>Gold also fell in trading today and in the process has fallen back below the 100 day MA (blue line in the chart below). The 50% retracement level is also being tested in trading today. </li></ul></div><div class="content_3dtodaynews" style="display: none;"><b>by Greg M</b><br /><ul><b>Nasdaq leads the charge</b> The major US stock indices are closing with solid gains today. <li>The Nasdaq is leading the move up 1.45%. The S&amp;P is up 1.19% and the Dow industrials rose by 0.94%. The Dow is now back up on the year.</li>In the US debt markets, yields were also higher: <li>2 year 0.753% +3 bp</li><li>5 year: 1.561% +4 bp</li><li>10 year: 2.18% +4 bp</li><li>30 year: 2.95% +3 bp</li><b>WTI Crude fell 1.01% to $46.11</b><li>Gold also fell in trading today and in the process has fallen back below the 100 day MA (blue line in the chart below). The 50% retracement level is also being tested in trading today. </li></ul>support by ZATco &amp; 20News </div><div style="font-weight: bold;">Read Full Text : <a class="button_1dtodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> Back To Title</a> <a class="button_2dtodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> Read Full Text Part 1</a> <a class="button_3dtodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> Read Full Text Part 2</a></div><script src="https://ajax.googleapis.com/ajax/libs/jquery/1.5.1/jquery.min.js" type="text/javascript"> </script> <script> jQuery(document).ready(function(){ jQuery('.button_1dtodaynews').click(function(){ jQuery('.content_1dtodaynews').show('slow'); jQuery('.content_2dtodaynews').hide('slow'); jQuery('.content_3dtodaynews').hide('slow'); return false; }); jQuery('.button_2dtodaynews').click(function(){ jQuery('.content_1dtodaynews').show('slow'); jQuery('.content_2dtodaynews').show('slow'); jQuery('.content_3dtodaynews').hide('slow'); return false; }); jQuery('.button_3dtodaynews').click(function(){ jQuery('.content_1dtodaynews').show('slow'); jQuery('.content_2dtodaynews').hide('slow'); jQuery('.content_3dtodaynews').show('slow'); return false; }); }); </script> <br /><div class="content_1etodaynews"><h3>UBS happy with EURUSD shorts as their stop remains intact</h3></div><div class="content_2etodaynews" style="display: none;"><ul><li>This week their trade remains the same and they say that they are planning to add ahead of 1.1090. Their first target is the Friday low at 1.0987, then 1.0950</li><li>In GBPUSD the 1.5500/10 level is on their radar and they prefer to fade rallies ahead of it (don't know if this note was out before or after the test earlier). They suggest a stop above 1.5520</li><li>Separately, on their BOE rate hike push back to May 2016 they say that they moved because of the slightly lower growth profile forecast based on external risks and domestic growth easing</li><li>While Feb is not off the cards fully, they want to see more than just the manufacturing data improving</li><li>Last week they wanted to sell rallies to 0.7280 with a stop above 0.7310. that proved a good trade and now they want to sell rallies between 0.7150 an d0.7200 with a stop above 0.7280. They're hoping to see it move below 0.7000</li></ul>support by ZATco &amp; 20News </div><div class="content_3etodaynews" style="display: none;">NO TEXT </div><div style="font-weight: bold;">Read Full Text : <a class="button_1etodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> Back To Title</a> <a class="button_2etodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> Read Full Text Part 1</a> <a class="button_3etodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> Read Full Text Part 2</a></div><script src="https://ajax.googleapis.com/ajax/libs/jquery/1.5.1/jquery.min.js" type="text/javascript"> </script> <script> jQuery(document).ready(function(){ jQuery('.button_1etodaynews').click(function(){ jQuery('.content_1etodaynews').show('slow'); jQuery('.content_2etodaynews').hide('slow'); jQuery('.content_3etodaynews').hide('slow'); return false; }); jQuery('.button_2etodaynews').click(function(){ jQuery('.content_1etodaynews').show('slow'); jQuery('.content_2etodaynews').show('slow'); jQuery('.content_3etodaynews').hide('slow'); return false; }); jQuery('.button_3etodaynews').click(function(){ jQuery('.content_1etodaynews').show('slow'); jQuery('.content_2etodaynews').hide('slow'); jQuery('.content_3etodaynews').show('slow'); return false; }); }); </script> <br /><div class="content_1ftodaynews"><h3>Look no further than UBS for how to trade EURUSD, USDJPY and AUDUSD</h3></div><div class="content_2ftodaynews" style="display: none;"><b>by Ryan L</b> UBS note their short term/Intraday trading ideas Some ideas from UBS out today. Are they going to be winners? <br /><ul><b>EURUSD</b><li>Doesn't see value in shorts at current levels so they say short at 1.1060, add at 1.1085, stick your stop at 1.1110</li><b>USDJPY</b><li>They note profit taking ahead of FOMC and BOJ. BOJ is the bigger deal in their eyes and the pair will stay supported into the meeting. Suggest buying dips closer to 120.50 with a stop under 120.00. They note resistance at 121.70 &amp; 122.00</li></ul></div><div class="content_3ftodaynews" style="display: none;"><b>by Ryan L</b><br /><ul> <b>AUDUSD</b><li>The pair has been subdued despite the ECB and PBOC news and cuts. They say sell dem rallies to 0.7280 with a stop through 0.7310 and BTFD below 0.7200 with a stop below 0.7250</li><li>My view is that the stop on the EURUSD short is a little wide, depending on how long you are playing the trade for. I certainly don't see it as a great level to sell looking for a longer term trade, unless it develops further as a resistance point over the coming sessions</li><li>I like the idea behind the USDJPY trade and it's a similar trade (albeit in reverse) to the one I played last month in buying the BOJ disappointment dip into the FOMC. The risk this time is that there's far less time in between the meetings, so you may not get a decent margin of profit built up to ride any volatility</li><li>AUDUSD longs looks to be a fair call with 0.7200 looking like decent support. For the short trade I might look to 0.7295/0.7300 as my entry as we're finding resistance today around the 0.7265/70 level, so a break above there would likely go through 0.7280 easily anyway</li></ul>support by ZATco &amp; 20News </div><div style="font-weight: bold;">Read Full Text : <a class="button_1ftodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> Back To Title</a> <a class="button_2ftodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> Read Full Text Part 1</a> <a class="button_3ftodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> Read Full Text Part 2</a></div><script src="https://ajax.googleapis.com/ajax/libs/jquery/1.5.1/jquery.min.js" type="text/javascript"> </script> <script> jQuery(document).ready(function(){ jQuery('.button_1ftodaynews').click(function(){ jQuery('.content_1ftodaynews').show('slow'); jQuery('.content_2ftodaynews').hide('slow'); jQuery('.content_3ftodaynews').hide('slow'); return false; }); jQuery('.button_2ftodaynews').click(function(){ jQuery('.content_1ftodaynews').show('slow'); jQuery('.content_2ftodaynews').show('slow'); jQuery('.content_3ftodaynews').hide('slow'); return false; }); jQuery('.button_3ftodaynews').click(function(){ jQuery('.content_1ftodaynews').show('slow'); jQuery('.content_2ftodaynews').hide('slow'); jQuery('.content_3ftodaynews').show('slow'); return false; }); }); </script> <br /><div class="content_1gtodaynews"><h3>The strongest and weakest currencies as NY traders enter for the day</h3></div><div class="content_2gtodaynews" style="display: none;"><b>by Greg M</b><br /><ul><li>The GBP is the strongest. The NZD is the weakest.</li><li>The GBP is the strongest currency as NY traders enter for the week, while the NZD is the weakest. </li><li>The catalyst for both is PMI data. The UK PMI was stronger. Over the weekend China PMI stats were weaker. Weaker data tends to weaken the AUD and NZD currencies. </li><li>The USD is mixed - falling marginally against the EUR, GBP CHF, up against the CAD and NZD, and unchanged vs JPY and AUD. </li><li>The ranges for the major currency pairs remain low (volatility low). The EURUSD has a range of 50 pips vs a 22-day average of 102. Even the GBPUSD which rallied on the better than expected PMI, only has a 72 pip trading range vs 106 average over 22-days (22 days is around a month's worth of trading). </li></ul></div><div class="content_3gtodaynews" style="display: none;"><b>by Greg M</b><br /><ul><li>US Markit PMI will be released at 9:45 AM ET (estimate, 54.0 unchanged). The US ISM manufacturing will be released at 10 AM with an estimate of 50.0 vs 50.2. ISM prices paid is estimate to come in at 38.8 vs. 38.0. Construction spending for the month of September is expected to rise by 0.5% vs. 0.7% last.</li><li>At 8:30 AM ET,RBC Canada Manufacturing PMI will be released for October. Last month the index came in at 48.6. Feds Williams speaks at 12 PM ET. In the new trading day tomorrow, the RBA is expected to announce their interest rate decision. </li></ul>support by ZATco &amp; 20News </div><div style="font-weight: bold;">Read Full Text : <a class="button_1gtodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> Back To Title</a> <a class="button_2gtodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> Read Full Text Part 1</a> <a class="button_3gtodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> Read Full Text Part 2</a></div><script src="https://ajax.googleapis.com/ajax/libs/jquery/1.5.1/jquery.min.js" type="text/javascript"> </script> <script> jQuery(document).ready(function(){ jQuery('.button_1gtodaynews').click(function(){ jQuery('.content_1gtodaynews').show('slow'); jQuery('.content_2gtodaynews').hide('slow'); jQuery('.content_3gtodaynews').hide('slow'); return false; }); jQuery('.button_2gtodaynews').click(function(){ jQuery('.content_1gtodaynews').show('slow'); jQuery('.content_2gtodaynews').show('slow'); jQuery('.content_3gtodaynews').hide('slow'); return false; }); jQuery('.button_3gtodaynews').click(function(){ jQuery('.content_1gtodaynews').show('slow'); jQuery('.content_2gtodaynews').hide('slow'); jQuery('.content_3gtodaynews').show('slow'); return false; }); }); </script> <br /><div class="content_1htodaynews"><h3>Nobody knows what the RBA board will do on Tuesday ... the board itself doesn't know</h3></div><div class="content_2htodaynews" style="display: none;"><ul><li>In the Australian press today (Sydney Morning Herald), Peter Martin writes on tomorrow's Reserve Bank of Australia monetary policy meeting </li><li> Nobody knows what the Reserve Bank board will do on Tuesday, for the very simple reason that the board itself doesn't know.</li><li> ... very good argument for cutting rates is balanced by a good one for staying put. If I were having a bet on the outcome, I would make it a small one.</li><li>Normally, the Reserve Bank would cut its cash rate to compensate. It targets ends (the retail rates that are actually charged) rather than means (the cash rate needed to bring the ends about). But the unspectacular truth is that, overall, the big four haven't whacked up rates that much. Westpac put up its rates the most, 0.20 percentage points for all variable mortgage holders, and before that 0.27 points for investment loans, making a total for investment loans of 0.47 points. When taken together, Westpac's hikes probably lifted its average margin 0.25 points, near what the Reserve Bank typically uses to adjust its cash rate.</li><li>But there's a big "but". Westpac's hikes apply only to mortgage rates and then only to variable mortgage rates. Its other customers, perhaps half of them, aren't paying any more than they were. To compensate for what Westpac has done, the Reserve Bank wouldn't need to cut its rate anything like 0.25 points, and to compensate for what the others have done it would need to cut even less. And about 20 per cent of mortgage holders aren't with the big banks and so don't need to be compensated.</li><li>The best guess is that, all up, the big four have done the equivalent of tightening rates 0.10-0.12 points. It's something worth taking into account, but not necessarily something worth cutting rates 0.25 points to compensate for.</li><b>The banks' moves mean the Reserve Bank can cut rates without firing up the housing market</b><li> That's probably true, and a potent argument for cutting on Tuesday in order to direct the bulk of the benefit to businesses rather than real estate. But on the other hand, the RBA would be delighted if the banks had managed to crimp runaway lending to housing investors and wouldn't want to do anything to give those investors comfort.</li></ul></div><div class="content_3htodaynews" style="display: none;"><ul><b>On the surface the economy is weak</b><li>Headline growth for the year to June was just 2 per cent, much less than we are used to. But the Reserve Bank believes much of the low result was due to a fall in export volumes caused by temporary disruptions to production. Elsewhere, the news on employment is encouraging, consumer credit is climbing, and non-mining business investment is growing more strongly than expected.</li><li>And then there's the Turnbull effect. Our change of prime minister has made us feel better about the future, according to the surveys; meaning there might be less need to cut rates to lift spirits.</li><li>But none of these effects are that strong. A further cut in the cash rate from 2 to 1.75 per cent could be just what's needed to turn these small pieces of good news into something better.</li><b>Inflation is ridiculously low</b><li>The headline measure is just 1.5 per cent, meaning the Reserve Bank board could easily afford to cut rates without worrying about prices, but it doesn't mean it has to.</li><b>The decision is up to it.</b></ul>support by ZATco &amp; 20News </div><div style="font-weight: bold;">Read Full Text : <a class="button_1htodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> Back To Title</a> <a class="button_2htodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> Read Full Text Part 1</a> <a class="button_3htodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> Read Full Text Part 2</a></div><script src="https://ajax.googleapis.com/ajax/libs/jquery/1.5.1/jquery.min.js" type="text/javascript"> </script> <script> jQuery(document).ready(function(){ jQuery('.button_1htodaynews').click(function(){ jQuery('.content_1htodaynews').show('slow'); jQuery('.content_2htodaynews').hide('slow'); jQuery('.content_3htodaynews').hide('slow'); return false; }); jQuery('.button_2htodaynews').click(function(){ jQuery('.content_1htodaynews').show('slow'); jQuery('.content_2htodaynews').show('slow'); jQuery('.content_3htodaynews').hide('slow'); return false; }); jQuery('.button_3htodaynews').click(function(){ jQuery('.content_1htodaynews').show('slow'); jQuery('.content_2htodaynews').hide('slow'); jQuery('.content_3htodaynews').show('slow'); return false; }); }); </script> <br /><div class="content_1itodaynews"><h3>ECB Villeroy says ECB policy produced results</h3></div><div class="content_2itodaynews" style="display: none;"><b>by G Michalowski</b><br /><ul>French economy is not growing fast enough. <li> French growth to be slightly above 1% 2015</li><li>France recovery is consumer led. Business leaders have yet been confident to increase business investments.</li><li>In favor of European budget committee.</li><li> December easing depends on serious analysis.</li><li>There is a strong commitment to active monetary policy</li><li> ECB avoided deflation despite lower oil and commodities and inflation expectations are higher even if they are still too far from the targeted goal.</li><li>The exchange rates is not a target we assign. It is an element that goes into ECBs analysis of inflation. </li></ul>support by ZATco &amp; 20News </div><div class="content_3itodaynews" style="display: none;">NO TEXT </div><div style="font-weight: bold;">Read Full Text : <a class="button_1itodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> Back To Title</a> <a class="button_2itodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> Read Full Text Part 1</a> <a class="button_3itodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> Read Full Text Part 2</a></div><script src="https://ajax.googleapis.com/ajax/libs/jquery/1.5.1/jquery.min.js" type="text/javascript"> </script> <script> jQuery(document).ready(function(){ jQuery('.button_1itodaynews').click(function(){ jQuery('.content_1itodaynews').show('slow'); jQuery('.content_2itodaynews').hide('slow'); jQuery('.content_3itodaynews').hide('slow'); return false; }); jQuery('.button_2itodaynews').click(function(){ jQuery('.content_1itodaynews').show('slow'); jQuery('.content_2itodaynews').show('slow'); jQuery('.content_3itodaynews').hide('slow'); return false; }); jQuery('.button_3itodaynews').click(function(){ jQuery('.content_1itodaynews').show('slow'); jQuery('.content_2itodaynews').hide('slow'); jQuery('.content_3itodaynews').show('slow'); return false; }); }); </script> <br /><div class="content_1jtodaynews"><h3>Money, money, money: More from guest economist John Hearn</h3></div><div class="content_2jtodaynews" style="display: none;"><b>by Mike P</b>It's all about the meaning of money today as guest economist and eminent monetarist J B Hearn brings us his latest blog, further to the one I posted on Friday Money, Money Supply, Money Creation and Monetary Demand. I have had several requests to qualify and quantify these terms. I tell my students that if they want to impress people at parties then they should recite Walker`s definition of money: <b>"...that which passes freely from hand to hand in full payment for goods, in final discharge of indebtedness, being accepted equally without reference to the character or credit of the person tendering it, and without the intention on the part of the person receiving it to consume, enjoy or otherwise use it than by passing it on sooner or later in exchange"</b><br /><ul><li>It is a showstopper of a definition and it explains that an efficient money has to be generally acceptable in transactions, a useful unit of account and it can maintain its value into the future.</li><li>Like all economists I will move to the next stage by making an assumption that before today`s fiat money there was only one type of money and that was gold. The difference between early forms of money like gold money is that gold had both value in use and value in exchange whereas fiat money has no value in use, just value in exchange.</li><li>The story goes that in the 17th century Jewish emigres from Europe set themselves up as goldsmiths in London. They worked with gold and had vaults to keep it safe. By the time we get to the English Civil War, which started in 1642, the Goldsmiths realised an opportunity to earn more by offering to look after peoples gold. As time went by so goldsmith`s paper receipts were used as money as they were being passed from one person to another in trade and were effectively transferring the ownership of gold. Goldsmiths soon realised they could improve their service by offering more than one receipt in different denominations e.g. 1, 10, 20 etc. This meant that goldsmith`s receipts were taking on all the characteristics of money. However all this money was backed 100% by gold so goldsmiths were just depositories and no new money had been created.</li><li>As people were using goldsmith receipts as money there was a lot of gold surplus to requirements in their vaults, and a lot of respectable borrowers and governments who wanted to borrow money. Seeing another opportunity the goldsmiths turned themselves into bankers and started lending out some of the gold that was laying idle in their vaults. The people who borrowed the money were unlikely to want the gold as the goldsmiths receipt is as good as money and a lot easier to use in trade. At the point that borrowers are happy to use receipts so new money is being created as there will now be more money receipts in circulation than gold to back them.</li><li>Gradually as confidence builds so more new money is created and by the time we reach the early 20th century we have a monetary system which is fractionally backed by gold with private banks and the Bank of England involved in money creation. The current system is similar except that the Bank of England has suspended your access to gold, or some may say even stolen gold from its rightful owners, and the money supply is now fractionally backed by cash not gold</li><li>If we come right up to date how do we separate the money supply from monetary demand? It is reasonably simple in as much as the money supply is a stock concept whereas monetary demand is a flow concept. At one point in time it is relatively easy to make a crude estimate of the total money supply by adding cash in circulation to all bank current accounts. In the banks accounts it will be possible to identify the proportion of cash they are holding to total assets.</li><li>We now have a money supply that is comprised of a cash base and credit money and a banking system with a ratio of cash to assets of about 5% cash and 95% credit money. In the past the banks had been requested by the Bank of England to hold an 8% cash to total assets ratio, but this was abandoned early in the 1970`s. However this ratio is now determined by an estimation of expected customer demand for cash. It is necessary to keep sufficient cash so that the bank does not end up like Northern Rock which was unable to satisfy unexpectedly high demand for cash.</li></ul></div><div class="content_3jtodaynews" style="display: none;"><b>by Mike P</b><br /><ul><li>During normal times there is a fairly consistent relationship between the amount of cash held by banks and the amount of loans they create. This means that a change in the cash base can influence the amount of loans a bank can support: more cash means potential for more loans and less cash means that the loan book will shrink. Although it is much more complicated than set out here we can deduce a multiplier calculation that will maintain the same cash ratio if the size of the cash base changes. This simple example makes the point.</li><li>Suppose there is a single bank with many branches and no cash drain to the public when changes occur. The bank has decided to keep 12½% of its assets in cash and a new deposit in cash of £1000 is made at the bank. Using the formula 1/ cash base ratio = multiplier, what effect will this change have upon bank lending? If you get the answer £7000 then you understand credit creation, if you do not then you have a little more work to do.</li><li>Double entry bookkeeping at the bank means that a new loan is also a new deposit, but at the end of the day it is only an increase in the money supply if there has been a net increase in loans. A further point to note is that once created the money is used repeatedly in trade and becomes divorced from the original money creation process. Unfortunately this means that banks are too important to fail as the destruction of deposits removes the unit of account required in trade. However there may be good reason to sack the board and the management and this is one of the useful things a Central Bank can achieve in its regulatory role.</li><li>We have now covered money, money supply and money creation and we need to explain how the money supply measures up against monetary demand. Remember that money supply is a one point in time stock concept while monetary demand is an overtime flow concept and because the same units of money are passed on time and time again in trade we can deduce the following: if the money supply is £100 and over a period of time it is used in £500 of transactions then the velocity of circulation of money is 5 i.e. on average each unit of money has been used 5 times and money supply x velocity of circulation = monetary demand.</li><li>I have stated in other writings on my blog that a Central Bank can control the level of monetary demand in an economy. Whether they choose to or not is another matter. They have three main options: they can manage the amount of cash in the system, or they can manage the level of bank lending using interest rates, or they can try to influence the velocity of money circulation. They have total control over the supply of cash if we ignore counterfeiting.</li><li>They have much less control over bank lending and by using interest rates they can create distortions like the current asset bubbles. Lastly they have virtually no control over velocity which is influenced more by people`s perceptions of inflation and deflation. Taking everything into account the Bank of England should manage cash and the volume of money, but unfortunately chooses to try and manage the ones it cannot manage as well.</li></ul>support by John Hearn, ZATco &amp; 20News </div><div style="font-weight: bold;">Read Full Text : <a class="button_1jtodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> Back To Title</a> <a class="button_2jtodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> Read Full Text Part 1</a> <a class="button_3jtodaynews" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> Read Full Text Part 2</a></div><script src="https://ajax.googleapis.com/ajax/libs/jquery/1.5.1/jquery.min.js" type="text/javascript"> </script> <script> jQuery(document).ready(function(){ jQuery('.button_1jtodaynews').click(function(){ jQuery('.content_1jtodaynews').show('slow'); jQuery('.content_2jtodaynews').hide('slow'); jQuery('.content_3jtodaynews').hide('slow'); return false; }); jQuery('.button_2jtodaynews').click(function(){ jQuery('.content_1jtodaynews').show('slow'); jQuery('.content_2jtodaynews').show('slow'); jQuery('.content_3jtodaynews').hide('slow'); return false; }); jQuery('.button_3jtodaynews').click(function(){ jQuery('.content_1jtodaynews').show('slow'); jQuery('.content_2jtodaynews').hide('slow'); jQuery('.content_3jtodaynews').show('slow'); return false; }); }); </script> </div>ZAT Cohttps://plus.google.com/109368630212859290585noreply@blogger.com0tag:blogger.com,1999:blog-3565408594758982642.post-91444267867136889202015-10-22T05:22:00.000+03:002015-10-23T11:02:47.761+03:00Today News October<div class="separator" style="clear: both; font-family: Verdana,sans-serif; text-align: center;"><a href="http://1.bp.blogspot.com/-HaKGn5HZy0o/VidTQLKO-sI/AAAAAAAABFk/DFhpU5NGKEw/s1600/Tab%2BUSA%2BObama%2B1.JPG" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" src="http://1.bp.blogspot.com/-HaKGn5HZy0o/VidTQLKO-sI/AAAAAAAABFk/DFhpU5NGKEw/s1600/Tab%2BUSA%2BObama%2B1.JPG" /></a></div><div style="font-family: Verdana,sans-serif; text-align: justify;">Today news, are packed in One news web pages, so readers do not have to move or change any page to read the news. You can read the economic news, news forex, EURUSD, EUR, USD, USDJPY, JPY, GBPUSD, GBP, AUD, CAD, FED, BOE, ECB, BOJ, PBOC and much more.<br /><br /><br /><br /><br /><br /><br /><div class="content_1"><a href="https://lh3.googleusercontent.com/-2hC7tnfWu_o/VidberNnwaI/AAAAAAAABHM/3dOSFzs4se4/w140-h37-p/point%2B1.JPG" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img alt=" Wall Street higher at open, fresh earnings reports weigh " border="0" src="https://lh3.googleusercontent.com/-2hC7tnfWu_o/VidberNnwaI/AAAAAAAABHM/3dOSFzs4se4/w140-h37-p/point%2B1.JPG" title=" U.S. stocks opened on a positive note Wednesday as deal news and an expected market debut of Ferrari lifted sentiment. Investors continued to digest earnings reports, including results from General Motors, Boeing Co and Coca-Cola. The S&amp;P 500 opened 7 points, or 0.3%, higher at 2,037. The Dow Jones Industrial Average rose 50 points, or 0.3%, to 17,275. The Nasdaq Composite began the day up 21 points, or 0.4%, at 4,902. Stocks in Europe rose after shaking off early losses. Asian stocks showed mixed action, with Japan’s Nikkei closing up 1.9% but the Shanghai Composite ending 3.1% lower for its biggest drop in a month. " /></a>Wall Street higher at open, fresh earnings reports weigh </div><div style="font-weight: bold;">Read Full Text : <a class="button_1" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> Back To Title</a> <a class="button_2" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> Read Full Text</a></div><br /><div class="content_11"><a href="https://lh3.googleusercontent.com/-2hC7tnfWu_o/VidberNnwaI/AAAAAAAABHM/3dOSFzs4se4/w140-h37-p/point%2B1.JPG" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img alt=" Why low interest rates are here to stay for longer than expected - View " border="0" src="https://lh3.googleusercontent.com/-2hC7tnfWu_o/VidberNnwaI/AAAAAAAABHM/3dOSFzs4se4/w140-h37-p/point%2B1.JPG" style="cursor: move;" title=" Whether you’re a government, a big company or a tiny startup, it has never been cheaper to obtain capital than right now. And it is quite disturbing for macroeconomists. Noah Smith, Bloomberg's columnist, reflects upon what has been happening with interest rates since 1980s. He reminds that since that time interest rates of all kinds have been in decline. That looked like a simple regression to the mean. Central banks tightened a lot in early 80s in an effort to restrain inflation. But the decline during the past 15 years or so - and particularly since the financial crisis - goes way beyond a simple normalization, Smith writes. For macroeconomists, this signals that old theories may be wrong. It’s disturbing for central bankers because it limits their actions (nominal interest rates can’t be pressed below zero) even as it raises the uncertainty under which they are forced to make decisions. Why so low? Interest rates are established in markets, where borrowers meet lenders. Falling rates can be explained by an increased desire to lend, a decreased desire to borrow, or both. One theory imposes the responsibility on central banks, and it makes sense to most people, as everyday we hear that the Fed or the Bank of England has a policy of keeping rates near zero. But it still doesn’t mean that they have to work very hard to reach this goal. If private markets tend to low interest rates themselves, it means that in fact central banks have been a sideshow. There is a ground for thinking central banks are not the most significant drivers of low rates: Not just nominal rates that are historically low, real inflation-adjusted rates are also down. Most analysts believe that real interest rates can’t be affected by monetary policy for very long. Economists think that if central banks are keeping rates below what private markets want, we should be seeing high inflation, but we are not! The end of the Fed’s bond-buying program of quantitative easing seemed to have only a small effect. Does savings glut drive low rates? Former Fed Chairman Ben Bernanke expressed this hypothesis in 2005. The idea was that developing countries, like China, were saving more than they were investing. The excess capital was flowing into the U.S. reducing borrowing costs. Savings rates have climbed in the U.S. as well after the financial crisis. Households are squirreling away more of their paychecks, and businesses are hoarding cash. The savings surplus might have gone global. Demand side of the equation Smith highlights another reason for low rates which is underestimated in his opinion, which comes from the demand side of the equation. Overall, there is little desire to borrow. Households in the U.S. and other countries that suffered a big housing bust have large overhangs of debt, and the crash showed them that debt was more dangerous than they had thought it would be. Businesses in Europe are unwilling to borrow to invest, given the running political indecision surrounding the euro and the sovereign debts of countries such as Greece. That may apply to Japan as well. Moreover, these rich countries have sharply declining populations. Dwindling domestic markets discourage firms from expanding. In the U.S. companies may be holding back investment because they are afraid of weakness in export markets. China's economy is expanding less slowing many other developing countries. The recent wave of technological disruptions that make it more difficult for companies to plan ahead may represent another factor. Big investments demand big bets, and amid massive disruption, no one knows which bets to place. And even as disruption is rising, overall productivity is slowing. How the era of low interest rates may be changed? Central banks will hardly change it, Smith says. As long as private markets keep pressing rates down, central bankers will barely risk causing recessions by attempting to increase them. Some factors may indeed stop the decline. American households will at some point work off their debt overhang - already, the housing market is rebounding. In the meantime, China is rebalancing toward a more consumption-based economy. That should do a little to reduce the savings glut, at least when China’s current steep slowdown has run its course. However, such long-term trends as declining global population growth and lingering technological disruption, witness of a very long period of low interest rates. " /></a>Why low interest rates are here to stay for longer than expected - View </div><div style="font-weight: bold;"><a href="https://lh3.googleusercontent.com/-2hC7tnfWu_o/VidberNnwaI/AAAAAAAABHM/3dOSFzs4se4/w140-h37-p/point%2B1.JPG" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img 3.5="" 442="" a="" above="" add="" ago.="" agree="" alt=" Oil prices down as fresh inventories report deepens supply worries " an="" analyst="" any="" april="" arrived="" as="" at="" away="" barrel="" barrels="" bigger="" boost="" border="0" brent="" build="" case="" climbed="" collaboration.="" consider="" contract="" contracts="" coordination="" could="" countries="" craig="" crude="" december="" delegate="" discuss="" down="" downside.="" ensure="" erlam="" expected="" few="" five="" for="" from="" front-month="" further="" futures="" has="" headquarters="" heavy="" helped="" in="" interest="" into="" inventories="" its="" just="" last="" lots="" market="" markets="" meanwhile="" meeting="" million="" non-opec="" note.="" nother="" now="" oanda="" of="" officials="" oil="" on="" opec="" open="" over="" part="" peak="" possible="" price="" prices="" provide="" pushed="" quite="" record="" remain="" reports="" result="" reuters="" rollover="" s="" said.="" said="" see="" seen="" sell-off="" short-covering="" slide.="" some="" src="https://lh3.googleusercontent.com/-2hC7tnfWu_o/VidberNnwaI/AAAAAAAABHM/3dOSFzs4se4/w140-h37-p/point%2B1.JPG" supply="" take="" that="" the="" thousand="" three="" title=" Oil prices declined Wednesday after a big build in U.S. crude inventories which spurred concerns that demand may not eclipse one of the biggest global surpluses in modern times. On Tuesday the American Petroleum Institute said in a report that a rise in U.S. commercial crude stocks compiled 7.1 million barrels to 473 million barrels in the week to Oct. 16, crashing expectations for an increase of 3.9 million barrels. Higher supply from the largest-producing countries, along with slowing demand from emerging nations, has hurt the price of oil in half over the last year. Analysts now say the oil price will hardly rise soon, as there is no evidence that the trend will change. Brent crude for December was down 0.46% at $48.49 a barrel. U.S. crude futures for December delivery were down 1.04% to $45.81 a barrel. Market players now look ahead to official oil inventory data from the U.S. Energy Information Administration, due at 10:30 a.m. ET (1430 GMT) to see if they confirmed the API data. The EIA is forecast to report a build in crude stocks for a fourth straight week. " to="" today="" two="" unlikely="" ve="" vienna="" was="" we="" wednesday="" weeks="" which="" with="" /></a>Read Full Text : <a class="button_11" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> Back To Title</a> <a class="button_12" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> Read Full Text</a></div><br /><div class="content_21">Oil prices down as fresh inventories report deepens supply worries</div><div style="font-weight: bold;"><a href="https://lh3.googleusercontent.com/-2hC7tnfWu_o/VidberNnwaI/AAAAAAAABHM/3dOSFzs4se4/w140-h37-p/point%2B1.JPG" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img 2016="" a="" alt=" LBMA forecasting winner: Gold to trade well below $1,100 towards 2016 " and="" any="" awarded="" be="" because="" below="" border="0" but="" can="" china="" damaged="" diesels="" does="" don="" due="" europe.="" extensive="" for="" forecasting="" from="" get="" going="" gold="" hat="" he="" i="" image="" in="" india="" is="" it="" key="" klapwijk="" last="" lbma="" level="" looking="" lower="" markets="" mean="" not="" noted.="" notes.="" of="" past="" period="" platinum="" price="" quite="" re="" said="" sensitive="" should="" spike="" src="https://lh3.googleusercontent.com/-2hC7tnfWu_o/VidberNnwaI/AAAAAAAABHM/3dOSFzs4se4/w140-h37-p/point%2B1.JPG" sufficient="" support="" t="" that="" the="" there="" think="" title="" to="" top="" toppy="" towards="" trade="" two="" unlikely="" very="" we="" well="" which="" will="" with="" year="" /></a>Read Full Text : <a class="button_21" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> Back To Title</a> <a class="button_22" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> Read Full Text</a></div><br /><div class="content_31">LBMA forecasting winner: Gold to trade well below $1,100 towards 2016</div><div style="font-weight: bold;"><a href="https://lh3.googleusercontent.com/-2hC7tnfWu_o/VidberNnwaI/AAAAAAAABHM/3dOSFzs4se4/w140-h37-p/point%2B1.JPG" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img alt=" Commodity-exposed currencies lower as China stocks drop " border="0" src="https://lh3.googleusercontent.com/-2hC7tnfWu_o/VidberNnwaI/AAAAAAAABHM/3dOSFzs4se4/w140-h37-p/point%2B1.JPG" title=" Commodity-dependent currencies like the Aussie and kiwi fell on Wednesday as Chinese stocks slid, while trade data from Japan hinted at a recession approaching the world's third-largest economy. The yen dipped against the dollar and the euro after Japanese exports showed at the slowest pace of growth since mid-2014 mainly due to weakness in China. That also raised chances of more quantitative easing from the Bank of Japan. USD/JPY was last at 119.92, up 0.05%, while EUR/JPY traded at 136.19, up 0.14%. The Australian dollar, which is used as a more liquid proxy for Chinese investments because of Australia's strong trade links to China, dipped 0.57% to $0.7218, while the New Zealand dollar fell 0.33% to trade at $0.6730. The drop came as the Shanghai Composite closed more than 3 percent lower. Other emerging market stocks also fell after recent data pointed to a dim growth outlook. European stock markets got rid of initial gains in the London session, with Europe's benchmark gauge falling 0.2%. Elsewhere in the currency trading, the euro was up 0.18% to $1.1365, adding to Tuesday's gains. Traders believe the euro will suffer from modest volatility ahead of the ECB policy meeting on Thursday. While the ECB is not likely to ease this month, investors expect the central bank to hint at more stimulus later this year. Data released on Tuesday showed that euro area banks had loosened their lending standards more than expected over the last few months despite volatility in the global markets. That slashed the need for the ECB to expand its 1 trillion euro asset purchase program. Meanwhile, the Canadian dollar fell with USD/CAD last up 0.17% to 1.3005. The main focus is now on the Bank of Canada's policy decision due on Wednesday with most analysts predicting the policy to stay unchanged. " /></a>Read Full Text : <a class="button_31" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> Back To Title</a> <a class="button_32" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> Read Full Text</a></div><br /><div class="content_41">Commodity-exposed currencies lower as China stocks drop </div><div style="font-weight: bold;"><a href="https://lh3.googleusercontent.com/-2hC7tnfWu_o/VidberNnwaI/AAAAAAAABHM/3dOSFzs4se4/w140-h37-p/point%2B1.JPG" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img alt=" Economists support Bank of England's view there are no dangers from overseas " border="0" src="https://lh3.googleusercontent.com/-2hC7tnfWu_o/VidberNnwaI/AAAAAAAABHM/3dOSFzs4se4/w140-h37-p/point%2B1.JPG" title=" Economists seem to support the Bank of England's view that the U.K. economy is resilient in the face of a global slowdown. 80% of respondents to Bloomberg’s monthly poll said the central bank is right in its estimation that the rout isn’t yet having a material effect. Officials Kristin Forbes and Ian McCafferty reiterated this opinion last week, with the latter saying there’s little evidence of a negative impact on Britain. For investors, it will be essential to understand how this opinion will fit into the debate about when to finally raise interest rates from a record 0.5%. With inflation below zero, McCafferty is now the only official voting for a liftoff, though Forbes has said she favors tightening soon. Philip Shaw, an economist at Investec said that it is just one of a number of factors. “We’re not witnessing anything directly at the moment, but given the interconnectedness of the global economy, there could be second round effects.” BOE Governor Mark Carney expects the outlook for the key rate to get more intense around the turn of the year, though he hasn’t given any remarks on monetary policy since the MPC’s October 8 decision. He is expected to give a speech in Oxford later in the day to coincide with the publication of a BOE report into EU membership and monetary stability. Several analysts have scaled back their hopes for the first BOE rate hike to May 2016 from February, while investors aren’t totally pricing in a BOE rate increase until 2017. Economists in the poll also expect the central bank to trim its growth and inflation estimates when it posts new forecasts in November. Almost 60% of those surveyed see a cut in the growth outlook, with 65% predicting an inflation downgrade. There’s a ground for worries. U.K. GDP has expanded for 10 straight quarters and productivity is finally beginning to climb. However, emerging-market risks have risen and domestic surveys point to a slowdown in manufacturing and services in recent months. At the same time, inflation is well below the BOE’s 2 percent goal and policy-makers expect it to stay about 1 percent into 2016. " /></a>Read Full Text : <a class="button_41" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> Back To Title</a> <a class="button_42" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> Read Full Text</a></div><br /><div class="content_51">Economists support Bank of England's view there are no dangers from overseas</div><div style="font-weight: bold;"><a href="https://lh3.googleusercontent.com/-2hC7tnfWu_o/VidberNnwaI/AAAAAAAABHM/3dOSFzs4se4/w140-h37-p/point%2B1.JPG" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img alt=" Yen slightly lower as Japan trade data shows weak exports " border="0" src="https://lh3.googleusercontent.com/-2hC7tnfWu_o/VidberNnwaI/AAAAAAAABHM/3dOSFzs4se4/w140-h37-p/point%2B1.JPG" title=" On Wednesday the yen was slightly weaker in Asia after trade data that showed weak exports. The dollar was almost unchanged after Tuesday's housing data. USD/JPY traded at 119.90, up 0.04%, while AUD/USD changed hands at 0.7230, down 0.42%. Data from Japan showed that imports fell 11.1% in September year-on-year, a bit better than the 11.7% drop seen, while exports rose 0.6%, disappointing the expectation of a 3.4% gain. The trade balance for September came in at a deficit of ¥115 billion, compared to a surplus of ¥84 billion expected. In Australia, the Westpac-MI leading index rose 0.12 points to 97.60, in line with the Reserve Bank's forecast for growth to stay below trend. However, growth signaled by this index makes Westpac's forecast for 2016 look fragile, it said. Elsewhere in the currency trading, the dollar was almost unchanged after data on Tuesday signaled the number of housing starts issued in the U.S. rose more than expected in September, while building permits fell more than forecast, providing a blurred picture of the economy. The U.S. Commerce Department said yesterday that housing starts rose 6.5% to 1.206 million units last month from August’s total of 1.132 million units, while analysts had expected 1.140 million. The number of building permits released dropped by 5.0% to 1.103 million units from August’s total of 1.170 million. Economists expected building permits to fall by 0.9% to 1.164 million units in July. EUR/USD was last at 1.1351, up 0.05%. " /></a>Read Full Text : <a class="button_51" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> Back To Title</a> <a class="button_52" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> Read Full Text</a></div><br /><div class="content_61">Yen slightly lower as Japan trade data shows weak exports </div><div style="font-weight: bold;"><a href="https://lh3.googleusercontent.com/-2hC7tnfWu_o/VidberNnwaI/AAAAAAAABHM/3dOSFzs4se4/w140-h37-p/point%2B1.JPG" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img alt=" Why there is another year of capital controls for Greece " border="0" src="https://lh3.googleusercontent.com/-2hC7tnfWu_o/VidberNnwaI/AAAAAAAABHM/3dOSFzs4se4/w140-h37-p/point%2B1.JPG" title=" Greeks should get used to restrictions on their money with capital controls here to stay at least till the second half of 2016, say economists polled by Bloomberg. Greek government and bank officials have argued that the controls - introduced in June to limit ATM withdrawals and overseas transfers - can be lifted by the start of 2016, after Greece’s banks have been recapitalized. However, 81 percent of economists surveyed considered this view to be too optimistic. Achilleas Chrysostomou, an economist at Standard Chartered Bank in London said that it is possible that “the European partners, the creditors, will want to see some more evidence of implementation of the program before they feel comfortable lifting the capital controls.” At the end of October the European Central Bank is set to announce the results of a review of Greek banks. This will likely show a capital shortfall of 18 billion euros, with the vast chunk of that gap to be filled by the state-run Hellenic Financial Stability Fund, according to the Bloomberg poll. Prime Minister Alexis Tsipras repeated on Friday that it is necessary to complete recapitalization by the end 2015, before new regulations take effect that would require depositors to be bailed in as part of the process before eurozone rescue funds are unlocked. The introduction of capital controls on Greek economic activity means gross domestic product will shrink 1 percent in 2015, according to economists in a separate Bloomberg survey. Although that’s a wider contraction than the 0.7 percent forecast in July, it still reflects unexpected firmness in the second quarter, when GDP rose 0.9 percent. Greece’s bailout deal, signed in August, forecast the economy would dwindle 2.3 percent this year. Nicholas Magginas, an economist at National Bank of Greece SA in Athens, who is one of three analysts in the survey expecting the removal of controls in the first half of 2016, says that the deficits in the government budget and external position have been resolved. “There is no need for a prolonged adjustment period under capital controls.” " /></a>Read Full Text : <a class="button_61" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> Back To Title</a> <a class="button_62" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> Read Full Text</a></div><br /><div class="content_71">Why there is another year of capital controls for Greece </div><div style="font-weight: bold;"><a href="https://lh3.googleusercontent.com/-2hC7tnfWu_o/VidberNnwaI/AAAAAAAABHM/3dOSFzs4se4/w140-h37-p/point%2B1.JPG" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img alt=" China's shrinking forex reserves drive investor concerns " border="0" src="https://lh3.googleusercontent.com/-2hC7tnfWu_o/VidberNnwaI/AAAAAAAABHM/3dOSFzs4se4/w140-h37-p/point%2B1.JPG" title=" Capital is leaving China at a record pace and the country's central bank is drawing down reserves to buoy the renminbi after its recent grinding fall. Investors are now asking how long China’s shrinking foreign currency reserves — down to $3.5tn from a peak of $4tn in June 2014 — can hold out. Uncertainty over how China counts its reserves and how much is at hand to deploy at short notice has boosted these concerns. Amid worries about economic slowdown and rising bad debt in the banking system, market players have viewed China’s massive forex outflow — the world’s largest — as the ultimate guarantor of financial stability, says the Financial Times. The possibility that reserves could be swiftly exhausted raises doubts about Beijing's ability to fight crisis. It also caps the regulator’s capacities to continue foreign exchange intervention, which may have cost as much as $200bn in August alone. Société Générale recently pointed out $1tn was the absolute maximum the PBoC can sell. The composition of China’s reserves is a state secret and the figures remain blurred. The reserves are managed by the sedate State Administration of Foreign Exchange (SAFE), which usually put its money in U.S. government bonds. However, the low returns that SAFE earned led Beijing to launch a sovereign wealth fund, China Investment Corp, in 2007 to seek riskier and less liquid investments. Recently, competition between the two made SAFE tackle other investments such as British office buildings and Italian banks. Meanwhile, CIC’s investments do not appear in official reserve data, and it is unclear if SAFE’s CIC-style forays do. China’s offshore intervention is another mystery. The central bank has traditionally limited its currency interventions to the domestic market, but not so long ago it has obtained offshore renminbi in an attempt to narrow the spread between the onshore and offshore rates. Strategists suspect SAFE may count offshore renminbi, known as CNH, as “foreign” reserves — in effect making its reserves look considerbaly bigger than they are. China seeks IMF endorsement for the yuan as a reserve currency, and this requires more transparency. Beijing has signed up to an IMF standard that requires it to unveil more information about its reserves — including how much is held as financial securities against less liquid assets. China economist at UBS Tao Wang estimates that China holds $1.4tn in U.S. Treasury securities + $800bn in those of other states, mostly in Europe, the U.K. and Japan — well below the official number of $3.5tn. But she still believes worries over the liquidity of China’s reserves are exaggerated. The IMF recommends for such economy as China's, with fixed exchange rates and capital controls, that the central bank keep foreign currency reserves worth 30 per cent of short-term debt, 10 per cent of exports and 5-10 per cent of M2 money. According to these criteria, the country needs between $1.6tn and $2.6tn in reserves, says Mansoor Mohi-uddin, senior market strategist at Royal Bank of Scotland in Hong Kong. That comes in line with Société Générale's view that the country can spend about $1tn more defending the currency before reserves would plunge below safe levels. Analysts believe Beijing will eventually have to allow further renminbi depreciation, due to the limited nature of China's forex reserves. The PBoC had to interfere to calm the market’s jittery mood after August's devaluation. But once the risk of uncontrolled depreciation has moved away, the regulators are expected to step back. " /></a>Read Full Text : <a class="button_71" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> Back To Title</a> <a class="button_72" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> Read Full Text</a></div><br /><div class="content_81">China's shrinking forex reserves drive investor concerns </div><div style="font-weight: bold;">Read Full Text : <a class="button_81" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> Back To Title</a> <a class="button_82" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> Read Full Text</a></div><br /><div class="content_91"><a href="https://lh3.googleusercontent.com/-2hC7tnfWu_o/VidberNnwaI/AAAAAAAABHM/3dOSFzs4se4/w140-h37-p/point%2B1.JPG" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img alt=" London to become major offshore hub for renminbi trading " border="0" src="https://lh3.googleusercontent.com/-2hC7tnfWu_o/VidberNnwaI/AAAAAAAABHM/3dOSFzs4se4/w140-h37-p/point%2B1.JPG" title=" Although there was a talk three years ago that the U.K.-China relations deteriorated after U.K. Prime Minister David Cameron met with the Dalai Lama, the exiled Tibetan leader, developments that take place today show it's not a problem anymore. As London is hosting China's president Xi Jingping, a People’s Bank of China official told a British executive that the central bank already expects London to be the worldwide center for renminbi trading, Bloomberg has reported without naming the person. The yuan wasn’t even allowed outside its own borders before 2004, but China is opening up now, driving predictions that it will become a reserve currency eventually rivaling the dollar. London already has 40 percent of global foreign-exchange trading and wants to build on its dominant position by grabbing a major share of offshore renminbi trading. London’s dominance in foreign-exchange trading has been a widely-spread topic in the past week as bankers and politicians cite a statistic from TheCityUK, a financial services lobby group: London trades more dollars than New York, and more euros than all of Europe combined. For the British capital-city, intensifying its renminbi trading could mean more financial services jobs and more investment. In the past 15 years, over $50 billion of Chinese cash has flowed into British assets, according to Standard Chartered estimates. The two countries agreed on 14 billion pounds ($22 billion) of trade deals during Chinese Premier Li Keqiang’s visit in 2014. A research commissioned by Euronext NV expects as much as $5 trillion of Chinese money over the next three to five years to flow into assets on European exchanges. Data supports the belief that London’s gravity is pulling in renminbi trading. Peak transactions in the offshore currency against the greenback occur at 7 a.m. London time, reflecting the handover from Asia when London forex traders are at their desks, ICAP Plc data shows. In the past year, trading has more than doubled at that time on ICAP’s EBS Brokertec platform. The dollar-renminbi cross has surged to its third-most traded pair from 14th in 2013. Last year, the broker and market operator created a 24-hour, six-person team focusing on the Chinese currency. In the past six months, offshore renminbi trading more than doubled on Thomson Reuters Corp. markets to $192.5 billion in September. This included spot and forwards transactions. That is up from $127.1 billion a year earlier and $28.2 billion in 2013. " /></a>London to become major offshore hub for renminbi trading </div><div style="font-weight: bold;">Read Full Text : <a class="button_91" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> Back To Title</a> <a class="button_92" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> Read Full Text</a></div><br /><div class="content_101"><a href="https://lh3.googleusercontent.com/-2hC7tnfWu_o/VidberNnwaI/AAAAAAAABHM/3dOSFzs4se4/w140-h37-p/point%2B1.JPG" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img alt=" Loonie, Canadian bond rise as Liberal party leader wins federal election " border="0" src="https://lh3.googleusercontent.com/-2hC7tnfWu_o/VidberNnwaI/AAAAAAAABHM/3dOSFzs4se4/w140-h37-p/point%2B1.JPG" title=" The Canadian dollar strengthened Tuesday after Canadians voted for Liberal Party leader Justin Trudeau as the country’s new prime minister in the federal election. The nation-wide vote, held on Monday, led to the ouster of Stephen Harper, who was running for what would have been his fourth term as prime minister. Justin Trudeau will now become Canada’s 23rd prime minister. The Liberal party, which claimed 184 seats in the newly expanded 338-seat House of Commons, became the first ever to vault directly from third party status to government, says National Post. The country’s new leader campaigned on a plan that included running C$25 billion in deficits over three years to stimulate the economy with infrastructure spending, while increasing taxes on top earners and cutting them for the middle class, says Bloomberg. The Canadian dollar strengthened by 0.34% to 77.06 U.S. cents, paring a decline from Monday’s session. It traded at 76.79 late Monday in New York. The yield on the Canadian 10-year sovereign bond rose 6.1 basis points to 1.52%, according to FactSet data. " /></a>Loonie, Canadian bond rise as Liberal party leader wins federal election </div>Read Full Text : <a class="button_101" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> Back To Title</a> <a class="button_102" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> Read Full Text</a><br /><br /><br /><br /><br /><br /><br /><br /><a href="https://lh3.googleusercontent.com/-2hC7tnfWu_o/VidberNnwaI/AAAAAAAABHM/3dOSFzs4se4/w140-h37-p/point%2B1.JPG" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img 70-year="" 90="" a="" according="" added="" alfa="" all="" also="" alt=" Ferrari to debut on Wall Street Wednesday with company valued at almost $10bn " an="" and="" are="" around="" as="" at="" attention.="" author="" awareness="" back.="" barely="" be="" benefits="" bn.="" bn="" boost="" border="0" brand.="" brands.="" but="" calls="" came="" cannot="" capitalize="" carmaker="" chrysler="" clara="" company="" concentrated="" decisions="" demonstrates="" differ="" different="" directed="" driver="" effort="" emotional="" expressive="" fca.="" fca="" ferrari="" ferraris="" fiat="" filing="" finance="" finances="" firm.="" focusing="" for="" fortune="" from="" fund="" go="" growth="" hat="" he="" help="" high="" home="" in="" including="" individuals="" investment="" investor="" investors="" inviting="" ipo="" is="" it="" its="" jeep="" left="" letters="" listed.="" listing="" luxury="" many="" maserati="" match.="" meir="" merger="" mix="" more="" net-worth="" obtain="" of="" old="" on="" once="" oth="" owners.="" parent="" part="" partner="" plan="" pretentious="" proceeds="" professor="" public="" race="" really="" received="" regulatory="" resonance="" retail="" revamp="" romeo="" s="" said="" santa="" seen="" sell="" shares="" some="" spin-off="" src="https://lh3.googleusercontent.com/-2hC7tnfWu_o/VidberNnwaI/AAAAAAAABHM/3dOSFzs4se4/w140-h37-p/point%2B1.JPG" stake="" statman="" strategy="" successful="" summer="" take="" taking="" targeted="" tenth="" than="" that="" the="" them="" they="" this="" those="" time="" title=" Shares in Ferrari will make their debut on Wall Street Wednesday, after the group’s initial public offering raised $893m on Tuesday, valuing the company at almost $10bn, with fans rushing towards its shares along with institutional investors. Controlled by Fiat Chrysler Automobiles, Ferrari pulled out all the stops to market itself to some of its cars’ owners as well as Wall Street, and also limited the offering to a 9.1% stake in the company, the Guardian reports. This strategy worked, as the IPO was priced in New York on Tuesday at $52 a share, the top end of its indicated $48 to $52 per share range, according to people with knowledge of the matter. Shares will begin trading on Wednesday and list on the New York Stock Exchange under the symbol " to="" total="" toyota.="" toyota="" toyotas="" typical="" university="" utilitarian="" want="" what="" when="" will="" without="" work="" yield="" you="" young.="" /></a><br />Ferrari to debut on Wall Street Wednesday with company valued at almost $10bn <br /><br /><a href="https://lh3.googleusercontent.com/-2hC7tnfWu_o/VidberNnwaI/AAAAAAAABHM/3dOSFzs4se4/w140-h37-p/point%2B1.JPG" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img 17.18="" 30="" 9.5="" 9="" about="" above="" almost="" alt=" Ferrari shares surge in market debut, up 15% from IPO price " and="" as="" at="" automobiles="" base="" be="" between="" billion.="" border="0" brand="" came="" capital="" carmaker="" cars="" ceo="" chairman="" chrysler="" company.="" company="" customer="" detriment="" expand="" expects="" ferrari="" fiat="" first="" hat="" he="" heart="" herefore="" in="" intimate="" ipo="" is="" it="" its="" marchionne="" market="" million="" minutes="" more="" nearly="" of="" opening="" oversubscribed.="" part="" percent="" planned="" price="" process.="" public="" raised="" rare.="" relationship.="" relationship="" relatively="" releasing="" remain="" represents="" s="" said.="" said="" sergio="" shares="" src="https://lh3.googleusercontent.com/-2hC7tnfWu_o/VidberNnwaI/AAAAAAAABHM/3dOSFzs4se4/w140-h37-p/point%2B1.JPG" suicidal="" than="" that="" the="" this="" title=" Ferrari shares opened at $60, up 15.4% from its IPO price, but then pulled back after the initial jump. After the market closed on Tuesday, the company's stock priced its initial public offering at $52 a share - at the top of the previously indicated range of $48-52 per share, with reliable sources saying the demand for shares was " to="" trade="" trading.="" try="" us="" value="" volumes="" was="" which="" within="" would="" /></a>Ferrari shares surge in market debut, up 15% from IPO price <br /><br /><br /><br /><br /><a href="https://lh3.googleusercontent.com/-2hC7tnfWu_o/VidberNnwaI/AAAAAAAABHM/3dOSFzs4se4/h97/point%2B1.JPG" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img alt="Asian shares rise, with Japan leading after trade data " border="0" src="https://lh3.googleusercontent.com/-2hC7tnfWu_o/VidberNnwaI/AAAAAAAABHM/3dOSFzs4se4/h97/point%2B1.JPG" title="Asian markets were trading broadly higher on Wednesday morning, with Japanese stocks gaining the most even after September trade figures disappointed. Japan's benchmark Nikkei 225 index rallied 0.75% to 18,343.84 points within the first hour of trade, while Tokyo's broader Topix gauge jumped 0.73% to 1,510.21 points. Japanese exports grew at a soft pace last month, according to new data from Japan's customs office on. Wednesday. Japan's trade deficit contracted from ¥569.7 billion in August to ¥114.5 billion last month, while analysts expected a trade surplus of around ¥87 billion in September. Exports rose only 0.6% year-on-year, as manufactured goods exports tumbled 8.2% in September. The market forecast was for a 3.8% rise in exports last month. Imports tumbled 11.1% over the same period, led by a near 44% decline in petroleum imports due to lower prices. Korea's benchmark Kospi index jumped 0.49% to 2,049.45 points on Wednesday morning in Seoul, while mainland China's benchmark Shanghai Composite traded little higher at 3,426.51 points at the opening bell. Hong Kong markets were closed on Wednesday for the Chung Yeung Festival. The benchmark Australian S&amp;P/ASX 200 index shed 0.36% to trade at 5,216.60 points in Sydney, with the big banks dragging the index lower on Wednesday. New Zealand's benchmark S&amp;P/NZX 50 index rose 0.27% to 5,911.15 points this afternoon in Wellington." /></a><br /><div class="content_1">Asian shares rise, with Japan leading after trade data </div><div class="content_2" style="display: none;">Asian markets were trading broadly higher on Wednesday morning, with Japanese stocks gaining the most even after September trade figures disappointed. Japan's benchmark Nikkei 225 index rallied 0.75% to 18,343.84 points within the first hour of trade, while Tokyo's broader Topix gauge jumped 0.73% to 1,510.21 points. Japanese exports grew at a soft pace last month, according to new data from Japan's customs office on Wednesday. Japan's trade deficit contracted from ¥569.7 billion in August to ¥114.5 billion last month, while analysts expected a trade surplus of around ¥87 billion in September. Exports rose only 0.6% year-on-year, as manufactured goods exports tumbled 8.2% in September. The market forecast was for a 3.8% rise in exports last month. Imports tumbled 11.1% over the same period, led by a near 44% decline in petroleum imports due to lower prices. Korea's benchmark Kospi index jumped 0.49% to 2,049.45 points on Wednesday morning in Seoul, while mainland China's benchmark Shanghai Composite traded little higher at 3,426.51 points at the opening bell. Hong Kong markets were closed on Wednesday for the Chung Yeung Festival. The benchmark Australian S&amp;P/ASX 200 index shed 0.36% to trade at 5,216.60 points in Sydney, with the big banks dragging the index lower on Wednesday. New Zealand's benchmark S&amp;P/NZX 50 index rose 0.27% to 5,911.15 points this afternoon in Wellington. </div><div style="font-weight: bold;">Read Full Text : <a class="button_1" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642"> Back To Title</a> <a class="button_2" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> Read Full Text</a></div><script src="https://ajax.googleapis.com/ajax/libs/jquery/1.5.1/jquery.min.js" type="text/javascript"> </script> <script> jQuery(document).ready(function(){ jQuery('.button_1').click(function(){ jQuery('.content_1').show('slow'); jQuery('.content_2').hide('slow'); return false; }); jQuery('.button_2').click(function(){ jQuery('.content_1').hide('slow'); jQuery('.content_2').show('slow'); return false; }); }); </script> <a href="https://lh3.googleusercontent.com/-2hC7tnfWu_o/VidberNnwaI/AAAAAAAABHM/3dOSFzs4se4/h97/point%2B1.JPG" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img 2016.="" 4="" a="" aggregate="" also="" alt="Government's FSI Support Will Strengthen Aussie Banks " an="" and="" apply="" appropriate="" apra="" are="" as="" at="" aud17bn="" aussie="" australia.="" australia="" australian="" bank="" banking="" banks="" be="" been="" beyond="" big="" board="" border="0" but="" by="" capacity="" capital="" commitment="" committed="" credit="" developing="" directly="" does="" dollar="" ensuring="" evolving="" expect="" expected="" financial="" first="" fitch="" floor="" floors="" for="" framework="" from="" fsi="" global="" government="" guarantees="" has="" have="" high="" higher="" igher="" implementation="" implemented="" implementing="" implicit="" important="" in="" include="" indicating="" international="" is="" largest="" level="" levels.="" likely="" line="" loss-absorbing="" maintains="" migrate="" mortgage="" multi-billion="" new="" not="" o="" of="" place="" point="" positive="" practice.="" proposed="" raises="" rating="" ratings="" recommendations="" reducing="" regime="" reinforce="" removal="" requirement="" resolution="" respectively.="" result="" risk-weights="" rules="" s="" see="" some="" sovereign="" src="https://lh3.googleusercontent.com/-2hC7tnfWu_o/VidberNnwaI/AAAAAAAABHM/3dOSFzs4se4/h97/point%2B1.JPG" stability="" step="" strengthen="" stronger="" support.="" support="" system.="" systemically="" that="" the="" this="" till="" title="The Australian government's acceptance of almost all of the recommendations of the Financial System Inquiry (FSI) will lead to a strengthening of the banking system with improved resiliency to shocks, says Fitch Ratings. The decision to back the recommendations reinforces Fitch's view that bank capital requirements will rise in line with regulatory changes over the medium term. The Australian government released its response to the FSI on 20 October, agreeing with all of the inquiry's recommendations pertaining to banking system resilience and regulation. The government stated that the Australian Prudential Regulation Authority (APRA) would implement key recommendations related to banking system stability. This reinforces earlier policy announcements and bank capital issuance trends since the original announcement of the FSI recommendations in December 2014. Since then, APRA announced an increase in minimum mortgage risk-weights for internal ratings-based (IRB) banks in July, while each of the " tlac="" to="" total="" totaling="" towards="" trends="" undertaken="" viability="" will="" with="" would="" year="" /></a><br /><br /><br /></div><div class="content_1" style="font-family: Verdana,sans-serif;">Fitch: Government's FSI Support Will Strengthen Aussie Banks </div><div class="content_2" style="display: none;">The Australian government's acceptance of almost all of the recommendations of the Financial System Inquiry (FSI) will lead to a strengthening of the banking system with improved resiliency to shocks, says Fitch Ratings. The decision to back the recommendations reinforces Fitch's view that bank capital requirements will rise in line with regulatory changes over the medium term. The Australian government released its response to the FSI on 20 October, agreeing with all of the inquiry's recommendations pertaining to banking system resilience and regulation. The government stated that the Australian Prudential Regulation Authority (APRA) would implement key recommendations related to banking system stability. This reinforces earlier policy announcements and bank capital issuance trends since the original announcement of the FSI recommendations in December 2014. Since then, APRA announced an increase in minimum mortgage risk-weights for internal ratings-based (IRB) banks in July, while each of the "Big 4" Australian banks have undertaken multi-billion dollar capital raises totaling an aggregate AUD17bn this year (see "Higher Mortgage Risk-Weights First Step to Strengthen Australian Bank Capital" and "Still Higher Aussie Bank Capital Expected from New Rules" The government has also committed to APRA ensuring banks have an "appropriate" total loss-absorbing capacity (TLAC) in place at some point beyond 2016. A TLAC framework has been proposed by the Financial Stability Board for global systemically important banks, but this does not apply directly to Australia. Australia's commitment to implementing a TLAC requirement would be credit positive for bank Viability Ratings, and is likely to reinforce the trends towards higher capital levels. Implementation of the FSI recommendations will include reducing implicit government guarantees and implementing a bank resolution regime in line with evolving international practice. Fitch maintains that developing a stronger resolution framework would be likely to result in the removal of the sovereign Support Rating Floor for the banking system. Support Ratings for the largest Australian banks are at '1', indicating a high level of government support. But, as a resolution regime is implemented, Fitch would expect Support Ratings and Support Rating Floors to migrate to '5' and 'No Floor', respectively. </div><div style="font-family: Verdana,sans-serif; font-weight: bold;">Read Full Text : <a class="button_1" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> Back To Title</a> <a class="button_2" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> Read Full Text</a></div><div style="font-family: Verdana,sans-serif;"><script src="https://ajax.googleapis.com/ajax/libs/jquery/1.5.1/jquery.min.js" type="text/javascript"> </script> <script> jQuery(document).ready(function(){ jQuery('.button_1').click(function(){ jQuery('.content_1').show('slow'); jQuery('.content_2').hide('slow'); return false; }); jQuery('.button_2').click(function(){ jQuery('.content_1').hide('slow'); jQuery('.content_2').show('slow'); return false; }); }); </script> <br /><img alt="New Malaysia Capital Rules to Affect Most Big Bank Groups " border="0" src="https://lh3.googleusercontent.com/-2hC7tnfWu_o/VidberNnwaI/AAAAAAAABHM/3dOSFzs4se4/w140-h37-p/point%2B1.JPG" title="Malaysia's extension of Basel III capital adequacy requirements to financial holding companies (FHCs) - originally applicable only to licensed bank entities - will affect most of its major banking groups, says Fitch Ratings. The measures will strengthen the capital framework for FHCs, and address regulatory arbitrage between parent and subsidiary capital. That said, these rules may lead to shifts in the issuance strategies and structures of some banking groups. In any event, Fitch expects a continued focus on core equity capital by banks and FHCs in the years ahead in light of these new regulations. The new rules were finalised by Bank Negara Malaysia last week, and are broadly in line with initial proposals from a Discussion Paper published in late 2014. The new FHC capital-adequacy requirements will apply from 1 January 2019, and will affect banking groups headed by FHCs such as CIMB Group, RHB Capital, Hong Leong Financial Group and AmBank Group, among others. The minimum capital adequacy ratio (CAR) for FHCs will be the same as those for banks. These will include an 8.0% total capital ratio; a 2.5% capital conservation buffer; and when required, a counter-cyclical capital buffer. FHCs have gained popularity partly due to their capital efficient structure, as prudential regulation - including strictly-enforced capital adequacy rules - has typically focused on licensed bank and insurance entities so far. This is changing, with heightened awareness of potential contagion risk between FHCs and their subsidiary entities. FHCs in Malaysia have improved their capital positions and reduced their leverage in recent years. Under the new rules, additional Tier 1 (AT1) and Tier 2 (T2) instruments issued by fully consolidated subsidiaries can be included as consolidated parent bank/FHC capital, but only if they contain additional loss-absorbency clauses referencing the parent/FHC. This feature will ensure that capital issued by a subsidiary can be used to help recapitalise the group or parent when it fails. As such, it is consistent with the spirit of moves internationally to improve bank resolvability. This is a potentially significant regulatory change, as many banking groups in Malaysia are headed by FHCs with bank operating subsidiaries. Basel III capital issuance has thus far been largely at the bank entity level. In order to count as consolidated, FHC regulatory capital, subsidiary capital issuance will need to include parent-level triggers. Such securities may incur a higher risk premium compared with existing instruments issued by bank entities, which typically do not incorporate dual-entity triggers. Cross-entity triggers are not common in Asia, so there are uncertainties as to how banking groups in Malaysia will address the new regulations and how the market will receive instruments which contain such triggers. FHCs will need to strike a balance between potentially lower-cost issuance by the bank entity, versus the inefficiency of entity capital if it does not count towards capital of the consolidated group. One option for banking groups to address this issue is to place a banking entity at the apex and minimise inefficient subsidiary bank capital. Notably, RHB Capital is already in the middle of such a process. Groups with bank entities as the ultimate parent, such as Maybank and Public Bank, will be less affected for now. The parent banks are already subject to Bank Negara's regulatory requirements, and the majority of issuance still originates from the parent. However, this issue may become more relevant for Maybank as it prepares to locally incorporate its Singapore business and expand its Indonesian subsidiaries, particularly as these subsidiaries issue capital securities to meet regulatory requirements of their own. " /><br /><div class="content_1">New Malaysia Capital Rules to Affect Most Big Bank Groups </div><div class="content_2" style="display: none;">Malaysia's extension of Basel III capital adequacy requirements to financial holding companies (FHCs) - originally applicable only to licensed bank entities - will affect most of its major banking groups, says Fitch Ratings. The measures will strengthen the capital framework for FHCs, and address regulatory arbitrage between parent and subsidiary capital. That said, these rules may lead to shifts in the issuance strategies and structures of some banking groups. In any event, Fitch expects a continued focus on core equity capital by banks and FHCs in the years ahead in light of these new regulations. The new rules were finalised by Bank Negara Malaysia last week, and are broadly in line with initial proposals from a Discussion Paper published in late 2014. The new FHC capital-adequacy requirements will apply from 1 January 2019, and will affect banking groups headed by FHCs such as CIMB Group, RHB Capital, Hong Leong Financial Group and AmBank Group, among others. The minimum capital adequacy ratio (CAR) for FHCs will be the same as those for banks. These will include an 8.0% total capital ratio; a 2.5% capital conservation buffer; and when required, a counter-cyclical capital buffer. FHCs have gained popularity partly due to their capital efficient structure, as prudential regulation - including strictly-enforced capital adequacy rules - has typically focused on licensed bank and insurance entities so far. This is changing, with heightened awareness of potential contagion risk between FHCs and their subsidiary entities. FHCs in Malaysia have improved their capital positions and reduced their leverage in recent years. Under the new rules, additional Tier 1 (AT1) and Tier 2 (T2) instruments issued by fully consolidated subsidiaries can be included as consolidated parent bank/FHC capital, but only if they contain additional loss-absorbency clauses referencing the parent/FHC. This feature will ensure that capital issued by a subsidiary can be used to help recapitalise the group or parent when it fails. As such, it is consistent with the spirit of moves internationally to improve bank resolvability. This is a potentially significant regulatory change, as many banking groups in Malaysia are headed by FHCs with bank operating subsidiaries. Basel III capital issuance has thus far been largely at the bank entity level. In order to count as consolidated, FHC regulatory capital, subsidiary capital issuance will need to include parent-level triggers. Such securities may incur a higher risk premium compared with existing instruments issued by bank entities, which typically do not incorporate dual-entity triggers. Cross-entity triggers are not common in Asia, so there are uncertainties as to how banking groups in Malaysia will address the new regulations and how the market will receive instruments which contain such triggers. FHCs will need to strike a balance between potentially lower-cost issuance by the bank entity, versus the inefficiency of entity capital if it does not count towards capital of the consolidated group. One option for banking groups to address this issue is to place a banking entity at the apex and minimise inefficient subsidiary bank capital. Notably, RHB Capital is already in the middle of such a process. Groups with bank entities as the ultimate parent, such as Maybank and Public Bank, will be less affected for now. The parent banks are already subject to Bank Negara's regulatory requirements, and the majority of issuance still originates from the parent. However, this issue may become more relevant for Maybank as it prepares to locally incorporate its Singapore business and expand its Indonesian subsidiaries, particularly as these subsidiaries issue capital securities to meet regulatory requirements of their own. </div><div style="font-weight: bold;">Read Full Text : <a class="button_1" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> Back To Title</a> <a class="button_2" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> Read Full Text</a></div><script src="https://ajax.googleapis.com/ajax/libs/jquery/1.5.1/jquery.min.js" type="text/javascript"> </script> <script> jQuery(document).ready(function(){ jQuery('.button_1').click(function(){ jQuery('.content_1').show('slow'); jQuery('.content_2').hide('slow'); return false; }); jQuery('.button_2').click(function(){ jQuery('.content_1').hide('slow'); jQuery('.content_2').show('slow'); return false; }); }); </script> <br /><img alt=" No one is happier with the Fed in limbo than home builders " border="0" src="https://lh3.googleusercontent.com/-2hC7tnfWu_o/VidberNnwaI/AAAAAAAABHM/3dOSFzs4se4/w140-h37-p/point%2B1.JPG" title="No one is happier with the Fed in limbo - and 10Y Treasury yields back at 2.05% - than home builders. The NAHB index of builder sentiment is now up to 64, its highest since October 2005, three months after the peak of the housing bubble. Does that mean housing is headed over the cliff again? Probably not. The cycle is more like a 4-stroke engine than a 2-stroke one and today's strong sentiment more reflects the long, cool fuel intake phase than the leveraged compression phase that ultimately ends with a bang. If you don't know your 2-strokes from 4, don't worry - builders are happy because they're enjoying a long stable recovery that, while not fast, seems sustainable for that very reason. Permits may have slipped 5% between September and August but the 4% growth trend remains very much intact and given they are still running 60% below 2005 levels, there still seems to be lots of room for expansion / catch-up. The trouble is, interest rates are a two-edged sword. Fifteen-year mortgage rates are currently at 2.86%, just about their lowest of the crisis, save for a brief couple of months in mid-2013. If the Fed ever does get around to hiking rates, mortgage rates will go with them. No one knows how sensitive housing will be to that move but no one should the direction of the impact. Housing is surely the key risk the Fed has to watch out for when normalization finally begins. " /><br /><div class="content_1">No one is happier with the Fed in limbo than home builders </div><div class="content_2" style="display: none;">No one is happier with the Fed in limbo - and 10Y Treasury yields back at 2.05% - than home builders. The NAHB index of builder sentiment is now up to 64, its highest since October 2005, three months after the peak of the housing bubble. Does that mean housing is headed over the cliff again? Probably not. The cycle is more like a 4-stroke engine than a 2-stroke one and today's strong sentiment more reflects the long, cool fuel intake phase than the leveraged compression phase that ultimately ends with a bang. If you don't know your 2-strokes from 4, don't worry - builders are happy because they're enjoying a long stable recovery that, while not fast, seems sustainable for that very reason. Permits may have slipped 5% between September and August but the 4% growth trend remains very much intact and given they are still running 60% below 2005 levels, there still seems to be lots of room for expansion / catch-up. The trouble is, interest rates are a two-edged sword. Fifteen-year mortgage rates are currently at 2.86%, just about their lowest of the crisis, save for a brief couple of months in mid-2013. If the Fed ever does get around to hiking rates, mortgage rates will go with them. No one knows how sensitive housing will be to that move but no one should the direction of the impact. Housing is surely the key risk the Fed has to watch out for when normalization finally begins. </div><div style="font-weight: bold;">Read Full Text : <a class="button_1" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> Back To Title</a> <a class="button_2" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> Read Full Text</a></div><script src="https://ajax.googleapis.com/ajax/libs/jquery/1.5.1/jquery.min.js" type="text/javascript"> </script> <script> jQuery(document).ready(function(){ jQuery('.button_1').click(function(){ jQuery('.content_1').show('slow'); jQuery('.content_2').hide('slow'); return false; }); jQuery('.button_2').click(function(){ jQuery('.content_1').hide('slow'); jQuery('.content_2').show('slow'); return false; }); }); </script> <br /><img alt=" Singapore's Q3 GDP advance estimate narrowly avoids technical recession " border="0" src="https://lh3.googleusercontent.com/-2hC7tnfWu_o/VidberNnwaI/AAAAAAAABHM/3dOSFzs4se4/w140-h37-p/point%2B1.JPG" title=" Q3 GDP of Singapore grew marginally, expanding 0.1% q/q saar and 1.4% y/y, better than expected. In addition, the Ministry of Trade and Industry (MTI) revised the country's Q1 growth 20bp lower, to 2.6% y/y, and Q2 growth 20bp higher, to 2.0% y/y. The better-than-expected Q3 performance was driven by marginally stronger activity in services sectors (Q3: 0.8% q/q saar; Q2: 0.2%), mitigating weakness from manufacturing (Q3: -3.6% q/q saar; Q2: -17.4%) and construction (Q3: -0.8% q/q saar; Q2: 12.4%). The weakness in manufacturing was in line with expectations, given the soft performance seen in July and August IP, owing to output shortfalls in electronics, biomedical and transport engineering. Construction also showed some payback after a surge in activity in Q2. The growth moderation in construction was centred on private sector activity, partly offsetting support from public residential construction. Services was the silver lining in the release, despite slowing modestly on a y/y basis (Q3: 3.0% y/y; Q2: 3.6%). The MAS noted that growth in financial services was weaker due to a slowdown in lending. However, the wholesale trade and transportationsectors were supported by an upturn in oil-related activities in early Q3. All in, the Q3 GDP growth of the economy is expected to be adjusted modestly lower - towards our forecast of -0.4% q/q saar - in the final release (released on 18 November), although it is believed to be accompanied by few job losses, says Barclays. " /><br /><div class="content_1">Singapore's Q3 GDP advance estimate narrowly avoids technical recession </div><div class="content_2" style="display: none;">Q3 GDP of Singapore grew marginally, expanding 0.1% q/q saar and 1.4% y/y, better than expected. In addition, the Ministry of Trade and Industry (MTI) revised the country's Q1 growth 20bp lower, to 2.6% y/y, and Q2 growth 20bp higher, to 2.0% y/y. The better-than-expected Q3 performance was driven by marginally stronger activity in services sectors (Q3: 0.8% q/q saar; Q2: 0.2%), mitigating weakness from manufacturing (Q3: -3.6% q/q saar; Q2: -17.4%) and construction (Q3: -0.8% q/q saar; Q2: 12.4%). The weakness in manufacturing was in line with expectations, given the soft performance seen in July and August IP, owing to output shortfalls in electronics, biomedical and transport engineering. Construction also showed some payback after a surge in activity in Q2. The growth moderation in construction was centred on private sector activity, partly offsetting support from public residential construction. Services was the silver lining in the release, despite slowing modestly on a y/y basis (Q3: 3.0% y/y; Q2: 3.6%). The MAS noted that growth in financial services was weaker due to a slowdown in lending. However, the wholesale trade and transportationsectors were supported by an upturn in oil-related activities in early Q3. All in, the Q3 GDP growth of the economy is expected to be adjusted modestly lower - towards our forecast of -0.4% q/q saar - in the final release (released on 18 November), although it is believed to be accompanied by few job losses, says Barclays. </div><div style="font-weight: bold;">Read Full Text : <a class="button_1" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> Back To Title</a> <a class="button_2" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> Read Full Text</a></div><script src="https://ajax.googleapis.com/ajax/libs/jquery/1.5.1/jquery.min.js" type="text/javascript"> </script> <script> jQuery(document).ready(function(){ jQuery('.button_1').click(function(){ jQuery('.content_1').show('slow'); jQuery('.content_2').hide('slow'); return false; }); jQuery('.button_2').click(function(){ jQuery('.content_1').hide('slow'); jQuery('.content_2').show('slow'); return false; }); }); </script> <br /><img alt=" Healthy Swiss trade balance to prop up currency – USD/CHF to extend dips " border="0" src="https://lh3.googleusercontent.com/-2hC7tnfWu_o/VidberNnwaI/AAAAAAAABHM/3dOSFzs4se4/w140-h37-p/point%2B1.JPG" title=" Switzerland has postede good set of trade balance numbers today, it is increased from previous 2.86B to the current 3.05B to beat the forecasts at 2.51B. The country exported 141.5 tons of gold in September, which is just shy of 19% less than in the previous month, as data from the customs authorities show. There were also some more striking changes: exports to India for instance plunged by two thirds to just 23 tons, whereas exports to China climbed by 28% to a six-month high of 21.7 tons. Swiss National Bank leaves monetary policy unchanged, the SNB is leaving the target range for the three-month Libor unchanged at between -1.25% and - 0.25%. The interest rate on sight deposits with the SNB remains at - 0.75%. Technical Roundup: It has been a losing streak for dollar against Swiss franc about one and half months or so. The current prices on weekly chart have fallen below moving average curve, this would signal us that the prevailing bearish trend to prevail for some more weeks. While RSI has been converging these price slumps, the current RSI on weekly chart is trending at 48.0405. To confirm this bearish view, %D crossover on slow stochastic curves has maintaining above 75 levels which is again signals us selling pressures are intensified. On daily charts, even though these curves have bottomed below oversold zone, there no clues of %K crossover. So on daily terms bears have been well leading the show. " /><br /><div class="content_1">Healthy Swiss trade balance to prop up currency – USD/CHF to extend dips </div><div class="content_2" style="display: none;">Switzerland has postede good set of trade balance numbers today, it is increased from previous 2.86B to the current 3.05B to beat the forecasts at 2.51B. The country exported 141.5 tons of gold in September, which is just shy of 19% less than in the previous month, as data from the customs authorities show. There were also some more striking changes: exports to India for instance plunged by two thirds to just 23 tons, whereas exports to China climbed by 28% to a six-month high of 21.7 tons. Swiss National Bank leaves monetary policy unchanged, the SNB is leaving the target range for the three-month Libor unchanged at between -1.25% and - 0.25%. The interest rate on sight deposits with the SNB remains at - 0.75%. Technical Roundup: It has been a losing streak for dollar against Swiss franc about one and half months or so. The current prices on weekly chart have fallen below moving average curve, this would signal us that the prevailing bearish trend to prevail for some more weeks. While RSI has been converging these price slumps, the current RSI on weekly chart is trending at 48.0405. To confirm this bearish view, %D crossover on slow stochastic curves has maintaining above 75 levels which is again signals us selling pressures are intensified. On daily charts, even though these curves have bottomed below oversold zone, there no clues of %K crossover. So on daily terms bears have been well leading the show. </div><div style="font-weight: bold;">Read Full Text : <a class="button_1" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> Back To Title</a> <a class="button_2" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> Read Full Text</a></div><script src="https://ajax.googleapis.com/ajax/libs/jquery/1.5.1/jquery.min.js" type="text/javascript"> </script> <script> jQuery(document).ready(function(){ jQuery('.button_1').click(function(){ jQuery('.content_1').show('slow'); jQuery('.content_2').hide('slow'); return false; }); jQuery('.button_2').click(function(){ jQuery('.content_1').hide('slow'); jQuery('.content_2').show('slow'); return false; }); }); </script> <br /><img 10.0="" 10.2="" 2008.="" 2015="" 22="" 9.9="" added="" adjusted="" alt=" Poland unemployment rate to have declined slightly in September " and="" at="" august="" be="" below="" border="0" but="" came="" close="" consensus="" country="" data="" decreased="" end="" estimates="" expected="" forecast="" from="" generale.="" have="" in="" is="" its="" labour="" level="" line="" lower="" lowest="" m="" market="" ministry="" moreover="" number="" of="" our="" people="" rate="" registered="" remains="" seasonally="" september.="" should="" since="" socgen.="" societe="" src="https://lh3.googleusercontent.com/-2hC7tnfWu_o/VidberNnwaI/AAAAAAAABHM/3dOSFzs4se4/w140-h37-p/point%2B1.JPG" than="" the="" title=" Poland unemployment data fro September is due tomorrow. According to the Polish labour ministry, 126,000 job offers were reported in September which denotes growth of 8.6% yoy. " to="" unemployed="" unemployment="" with="" /><br /><div class="content_1">Poland unemployment rate to have declined slightly in September </div><div class="content_2" style="display: none;">Poland unemployment data fro September is due tomorrow. According to the Polish labour ministry, 126,000 job offers were reported in September which denotes growth of 8.6% yoy. "The unemployment rate to have decreased from 10.0% in August to 9.9% in September. The seasonally adjusted (SA) unemployment rate should be close to 10.2%. Our forecast is in line with market consensus and labour ministry data of 9.9%", estimates Societe Generale. Moreover, the number of registered unemployed people (1.54m) came in 22,600 lower than in August and remains at its lowest level since 2008. The unemployment rate of the country is expected to be below but close to 10.0% at the end of 2015, added SocGen. </div><div style="font-weight: bold;">Read Full Text : <a class="button_1" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> Back To Title</a> <a class="button_2" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> Read Full Text</a></div><script src="https://ajax.googleapis.com/ajax/libs/jquery/1.5.1/jquery.min.js" type="text/javascript"> </script> <script> jQuery(document).ready(function(){ jQuery('.button_1').click(function(){ jQuery('.content_1').show('slow'); jQuery('.content_2').hide('slow'); return false; }); jQuery('.button_2').click(function(){ jQuery('.content_1').hide('slow'); jQuery('.content_2').show('slow'); return false; }); }); </script> <br /><img alt=" Fed may hike bank rates in 2016 and 2017 " border="0" src="https://lh3.googleusercontent.com/-2hC7tnfWu_o/VidberNnwaI/AAAAAAAABHM/3dOSFzs4se4/w140-h37-p/point%2B1.JPG" title=" Investors have markedly shifted their assessment of the likelihood of the Fed hiking rates this year and the extent of tightening in the next two years, as concerns about China's growth prospects erupted in early August. Thus, rates markets are now pricing in a 30% probability that the Fed hikes rates in December, down from more than 70% in early August, and that the Fed will hike by less than 50 bp in both 2016 and 2017, says Nordea Bank. The sharp repricing of the outlook for Fed interest rates has been amplified by the fact that recent US economic data including employment data have generally disappointed compared to consensus expectations. Two months of weak jobs reports, stagnation in manufacturing and major dips in the stock market have many investors and analysts worried about the state of the U.S. economy. " /><br /><div class="content_1">Fed may hike bank rates in 2016 and 2017 </div><div class="content_2" style="display: none;">Investors have markedly shifted their assessment of the likelihood of the Fed hiking rates this year and the extent of tightening in the next two years, as concerns about China's growth prospects erupted in early August. Thus, rates markets are now pricing in a 30% probability that the Fed hikes rates in December, down from more than 70% in early August, and that the Fed will hike by less than 50 bp in both 2016 and 2017, says Nordea Bank. The sharp repricing of the outlook for Fed interest rates has been amplified by the fact that recent US economic data including employment data have generally disappointed compared to consensus expectations. Two months of weak jobs reports, stagnation in manufacturing and major dips in the stock market have many investors and analysts worried about the state of the U.S. economy. </div><div style="font-weight: bold;">Read Full Text : <a class="button_1" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> Back To Title</a> <a class="button_2" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> Read Full Text</a></div><script src="https://ajax.googleapis.com/ajax/libs/jquery/1.5.1/jquery.min.js" type="text/javascript"> </script> <script> jQuery(document).ready(function(){ jQuery('.button_1').click(function(){ jQuery('.content_1').show('slow'); jQuery('.content_2').hide('slow'); return false; }); jQuery('.button_2').click(function(){ jQuery('.content_1').hide('slow'); jQuery('.content_2').show('slow'); return false; }); }); </script> <br /><img alt=" FX Recap " border="0" src="https://lh3.googleusercontent.com/-2hC7tnfWu_o/VidberNnwaI/AAAAAAAABHM/3dOSFzs4se4/w140-h37-p/point%2B1.JPG" title=" EUR/USD: The euro has recovered from a 10-day low against the dollar, after ECB governing council member Christian Noyer said 'no need for more easing' and pointed out the need to look for further ways to stimulate a still struggling euro zone economy. The euro gained just over 0.1 percent on the day to $1.1343, after dropping as low as $1.1306 on Monday. Earlier in the session, German PPI indices fell short of expectations, when the monthly change for September came out at -0.4%, up from -0.5%, while the year-on-year number printed -2.1%, well down from -1.7% previously. Moreover, the current account in the euro zone for August dropped notably, from an upwardly revised €25.6 billion to €17.7 billion. It made intraday high at 1.1384 and low at 1.1322 levels. Initial support is seen around at 1.1015 and resistance at 1.1560 levels. Option expiries are at 1.1300 (528M), 1.1500 (1.6BLN).========= USD/JPY: The Japanese yen continued its narrow range trading on Tuesday, and even though weak Chinese data added to the USD strength in the previous session, the currency pair seemed to lack a clear direction on Tuesday. The currency pair will most likely wait for further direction coming from the Bank of Japan rate decision on October 30. Moreover, the focus remains on the Federal Reserve's (Fed) rate hike timing, with the next Federal Open Market Committee meeting scheduled for October 29. Pair made intraday high at 119.77 and low at 119.41 levels. Initial resistance is seen at 123.20 and support is seen at 118.42 levels. Option expiries are at 119.00 (420M), 120.00 (250M).========== GBP/USD: Sterling was trading near a 3-week high against the euro and rising past $1.55 against the dollar with investors awaiting cues from BoE policymakers scheduled to speak in coming days. Against the dollar, sterling was up 0.2 percent at $1.5495, having risen to a high of $1.5506 earlier in the day. The euro was slightly lower at 73.19 pence, having dropped to 73.10 pence on Monday. The BOE policymaker noted that the credit conditions for the business sector in the UK have eased and this calls for a rate-hike sooner rather than later. While BOE Governor Carney's testimony on the Bank of England (BOE) Bill before the Treasury Select Committee turned out to be a non-event, as the central bank chief didn't touch upon the monetary policy. Pair made intraday high at 1.5506 and low at 1.5454 levels. Initial support is seen at 1.5107 and resistance is seen around 1.5725 levels. Option expiries are at 1.5400 (170M), 1.5540 (193M).========= NZD/USD: New Zealand's so-called kiwi bounced back above $0.68 against the US dollar on Tuesday, with fundamentals helping to drive the currency towards its highest level since June. Fonterra's Global Dairy Trade (GDT) Index has risen sharply at the last four fortnightly auctions, rebounding more than 30% from a trough in August. The next auction due to take place on Wednesday morning (NZ time) is likely to mark the fifth-consecutive rise in prices, which will continue to drive gains in the kiwi. Pair made intraday high at 0.6841 and low at 0.6783 levels. Initial support is seen at 0.6235 and resistance at 0.6896 levels.========= AUD/USD: Following the release of the Reserve Bank of Australia's meeting minutes from its October 6 meeting, the Aussie rose 0.31% in Tuesday, trading around $0.7280. The Reserve Bank of Australia continues to see a period of weak economic activity ahead. The policy meeting minutes suggest the bank is not currently expecting to lower interest rates again, particularly as the economy's rebalancing evolves. Tuesday's minutes from the RBA's October meeting suggested that the bank is continuing to see the necessary economic transition take place, with the help of the lower Australian dollar. Pair made intraday high at 0.7296 levels and low around 0.7242 levels. Initial support is seen at 0.6908 and resistance at 0.7438 levels. Option expiry is at 0.7300 (508M). Equities Recap=============== European shares dropped on Tuesday, with mining and energy stocks extending losses on China's weak data this week. The pan-European FTSEurofirst 300 index opened flat and slipped 0.6 pct, the blue-chip Euro STOXX 50 index edged up by 0.1 pct in early deals, Germany's DAX remained flat. China's CSI300 index closed up 1.2 pct at 3,577.70 points, HK's Hang Seng index ended down 0.4 pct at 22,989.22 points and Shanghai composite index rose up 1.1 pct at 3,425.33 points. Commodities Recap============ Oil prices were flat on Tuesday as traders covered short positions after a week of falls, but profits were capped by worries about oversupply and the health of the global economy. Brent crude slipped $1.85 a barrel, or 3.7 pct, on Monday and was steady at $48.61 by 0810 on Tuesday. U.S. light crude went up 20 cents at $46.09 after closing down $1.37, or 3 pct. Gold struggled after three days of losses on Tuesday, dragged down by a stronger dollar and fears the Federal Reserve could still raise U.S. interest rates this year. Spot gold was trading at $1,171.75 an ounce by 0653 GMT, after losing about 1.2 pct in the past three sessions. Treasuries Recap========= US 10-year Treasury bond yeilds stood at 2.0422, while German 10-year bund yields were seen at 0.601. JGB prices finished the day mixed, with the 7-yr to 10-yr JGBs modestly firmer (-1bp). In the early trading session, the current 20-yr and 30-yr JGBs saw unusually good two-way flows among dealers, sending yields down by 0.5bp from their intraday highs of 1.085% (+0.5bp) and 1.36% (+0.5bp), ahead of today's monthly JPY1.2tn 20-yr JGB auction. UK Gilts opened 19 ticks higher than the settlement of 118.65, as expected, as core fixed income markets were elevated by another slide in commodity prices. New Zealand government bonds were little changed. Australian government bond futures dropped, with the 3-yr bond contract slipping one tick at 98.210. The 10-yr contract dropped 2 ticks to 97.3550, while the 20-yr contract also shed 2 ticks to 96.8050. " /><br /><div class="content_1">FX Recap </div><div class="content_2" style="display: none;">EUR/USD: The euro has recovered from a 10-day low against the dollar, after ECB governing council member Christian Noyer said 'no need for more easing' and pointed out the need to look for further ways to stimulate a still struggling euro zone economy. The euro gained just over 0.1 percent on the day to $1.1343, after dropping as low as $1.1306 on Monday. Earlier in the session, German PPI indices fell short of expectations, when the monthly change for September came out at -0.4%, up from -0.5%, while the year-on-year number printed -2.1%, well down from -1.7% previously. Moreover, the current account in the euro zone for August dropped notably, from an upwardly revised €25.6 billion to €17.7 billion. It made intraday high at 1.1384 and low at 1.1322 levels. Initial support is seen around at 1.1015 and resistance at 1.1560 levels. Option expiries are at 1.1300 (528M), 1.1500 (1.6BLN). USD/JPY: The Japanese yen continued its narrow range trading on Tuesday, and even though weak Chinese data added to the USD strength in the previous session, the currency pair seemed to lack a clear direction on Tuesday. The currency pair will most likely wait for further direction coming from the Bank of Japan rate decision on October 30. Moreover, the focus remains on the Federal Reserve's (Fed) rate hike timing, with the next Federal Open Market Committee meeting scheduled for October 29. Pair made intraday high at 119.77 and low at 119.41 levels. Initial resistance is seen at 123.20 and support is seen at 118.42 levels. Option expiries are at 119.00 (420M), 120.00 (250M). GBP/USD: Sterling was trading near a 3-week high against the euro and rising past $1.55 against the dollar with investors awaiting cues from BoE policymakers scheduled to speak in coming days. Against the dollar, sterling was up 0.2 percent at $1.5495, having risen to a high of $1.5506 earlier in the day. The euro was slightly lower at 73.19 pence, having dropped to 73.10 pence on Monday. The BOE policymaker noted that the credit conditions for the business sector in the UK have eased and this calls for a rate-hike sooner rather than later. While BOE Governor Carney's testimony on the Bank of England (BOE) Bill before the Treasury Select Committee turned out to be a non-event, as the central bank chief didn't touch upon the monetary policy. Pair made intraday high at 1.5506 and low at 1.5454 levels. Initial support is seen at 1.5107 and resistance is seen around 1.5725 levels. Option expiries are at 1.5400 (170M), 1.5540 (193M). NZD/USD: New Zealand's so-called kiwi bounced back above $0.68 against the US dollar on Tuesday, with fundamentals helping to drive the currency towards its highest level since June. Fonterra's Global Dairy Trade (GDT) Index has risen sharply at the last four fortnightly auctions, rebounding more than 30% from a trough in August. The next auction due to take place on Wednesday morning (NZ time) is likely to mark the fifth-consecutive rise in prices, which will continue to drive gains in the kiwi. Pair made intraday high at 0.6841 and low at 0.6783 levels. Initial support is seen at 0.6235 and resistance at 0.6896 levels. AUD/USD: Following the release of the Reserve Bank of Australia's meeting minutes from its October 6 meeting, the Aussie rose 0.31% in Tuesday, trading around $0.7280. The Reserve Bank of Australia continues to see a period of weak economic activity ahead. The policy meeting minutes suggest the bank is not currently expecting to lower interest rates again, particularly as the economy's rebalancing evolves. Tuesday's minutes from the RBA's October meeting suggested that the bank is continuing to see the necessary economic transition take place, with the help of the lower Australian dollar. Pair made intraday high at 0.7296 levels and low around 0.7242 levels. Initial support is seen at 0.6908 and resistance at 0.7438 levels. Option expiry is at 0.7300 (508M). Equities Recap========== European shares dropped on Tuesday, with mining and energy stocks extending losses on China's weak data this week. The pan-European FTSEurofirst 300 index opened flat and slipped 0.6 pct, the blue-chip Euro STOXX 50 index edged up by 0.1 pct in early deals, Germany's DAX remained flat. China's CSI300 index closed up 1.2 pct at 3,577.70 points, HK's Hang Seng index ended down 0.4 pct at 22,989.22 points and Shanghai composite index rose up 1.1 pct at 3,425.33 points. Commodities Recap========== Oil prices were flat on Tuesday as traders covered short positions after a week of falls, but profits were capped by worries about oversupply and the health of the global economy. Brent crude slipped $1.85 a barrel, or 3.7 pct, on Monday and was steady at $48.61 by 0810 on Tuesday. U.S. light crude went up 20 cents at $46.09 after closing down $1.37, or 3 pct. Gold struggled after three days of losses on Tuesday, dragged down by a stronger dollar and fears the Federal Reserve could still raise U.S. interest rates this year. Spot gold was trading at $1,171.75 an ounce by 0653 GMT, after losing about 1.2 pct in the past three sessions. Treasuries Recap=========== US 10-year Treasury bond yeilds stood at 2.0422, while German 10-year bund yields were seen at 0.601. JGB prices finished the day mixed, with the 7-yr to 10-yr JGBs modestly firmer (-1bp). In the early trading session, the current 20-yr and 30-yr JGBs saw unusually good two-way flows among dealers, sending yields down by 0.5bp from their intraday highs of 1.085% (+0.5bp) and 1.36% (+0.5bp), ahead of today's monthly JPY1.2tn 20-yr JGB auction. UK Gilts opened 19 ticks higher than the settlement of 118.65, as expected, as core fixed income markets were elevated by another slide in commodity prices. New Zealand government bonds were little changed. Australian government bond futures dropped, with the 3-yr bond contract slipping one tick at 98.210. The 10-yr contract dropped 2 ticks to 97.3550, while the 20-yr contract also shed 2 ticks to 96.8050. </div><div style="font-weight: bold;">Read Full Text : <a class="button_1" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> Back To Title</a> <a class="button_2" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> Read Full Text</a></div><script src="https://ajax.googleapis.com/ajax/libs/jquery/1.5.1/jquery.min.js" type="text/javascript"> </script> <script> jQuery(document).ready(function(){ jQuery('.button_1').click(function(){ jQuery('.content_1').show('slow'); jQuery('.content_2').hide('slow'); return false; }); jQuery('.button_2').click(function(){ jQuery('.content_1').hide('slow'); jQuery('.content_2').show('slow'); return false; }); }); </script> <br /><img -3.1="" 1040="" 119.62="" 119.78="" 200-sma="" 2014.="" 2015="" 3.8="" 7.1="" 7="" a="" above="" after="" against="" alt=" Japan to take time to achieve sustainable trade surplus " an="" and="" april-june="" are="" around="" at="" attempt="" august="" avoid="" awaits="" backdrop="" balance="" basis="" better="" bn="" boj="" border="0" breaks="" business="" by="" change="" clue="" come="" confirmed="" consolidating="" continue="" could="" cues="" currently="" data="" day="" deficit.="" deficit="" delayed="" demand="" deteriorating.="" domestic="" downturn="" due="" earlier="" economic="" economies="" economy="" emerging="" enter="" estimates="" expected="" export="" exports="" extent.="" fallen="" falling="" figures.="" following="" for="" fresh="" from="" generale="" gmt.="" governor="" grown="" growth.="" haruhiko="" have="" having="" he="" higher.="" highs="" his="" hit="" horizon="" hourly="" however="" hurting="" if="" imminent="" import="" imports="" improvement="" improving="" in="" interview="" is="" it="" ith="" japan="" japanese="" key="" kuroda="" large="" latest="" leading="" level.="" likely="" long="" longer="" marks="" meeting="" moderate="" month="" no="" note.="" notes="" october="" of="" oil="" on="" outlook="" pair="" press="" price="" prices="" provide="" quarter.="" rapidly="" reach="" recession="" recovery.="" recovery="" report.="" research="" risk="" s="" said="" seasonally-adjusted="" seen="" sentiment="" september="" session="" set="" should="" show="" shrank="" shrinking="" shrunk="" slightly="" slowdown="" societe="" some="" src="https://lh3.googleusercontent.com/-2hC7tnfWu_o/VidberNnwaI/AAAAAAAABHM/3dOSFzs4se4/w140-h37-p/point%2B1.JPG" stressed="" strong="" support="" supportive="" surplus="" survey="" sustainable="" take="" tankan="" technicals="" term.="" terms="" than="" that="" the="" there="" this="" though="" time="" title=" Japan's Ministry of Finance will announce trade data at 2350 GMT on Oct 20th, and analysts expect Japan's trade deficit to improve modestly in September. According to a Reuters survey, September exports are seen increasing 3.4 percent from a year earlier, after a 3.1 percent increase in August, while imports are likely to fall 11.7 percent, down for a ninth straight month and reflecting falls in energy prices. Japan's export recovery is likely to remain weak, weighed down by modest US economic recovery and uncertainty surrounding the Chinese economy. The total trade amount seems to be growing, but this is only because most settlements are done in USD and a depreciating Yen pushes up the settlement amount. " to="" trade="" trading="" upcoming="" us="" usd="" view="" vs="" was="" wednesday="" whether="" which="" while="" will="" yoy="" /><br /><div class="content_1">Japan to take time to achieve sustainable trade surplus </div><div class="content_2" style="display: none;">Japan's Ministry of Finance will announce trade data at 2350 GMT on Oct 20th, and analysts expect Japan's trade deficit to improve modestly in September. According to a Reuters survey, September exports are seen increasing 3.4 percent from a year earlier, after a 3.1 percent increase in August, while imports are likely to fall 11.7 percent, down for a ninth straight month and reflecting falls in energy prices. Japan's export recovery is likely to remain weak, weighed down by modest US economic recovery and uncertainty surrounding the Chinese economy. The total trade amount seems to be growing, but this is only because most settlements are done in USD and a depreciating Yen pushes up the settlement amount. "The Japan's trade deficit is likely to come in at ¥200bn in September 2015, which marks an improvement on the ¥962bn of September 2014. On a seasonally-adjusted basis, the trade deficit should reach ¥302bn in September, slightly better than the ¥359bn seen in August", notes Societe Generale in a research note. The trade data due on Wednesday could provide a strong clue to whether Japan's economy will avoid recession after it shrank in the April-June quarter. BoJ Governor Haruhiko Kuroda said earlier this month in a press interview following the 7 October meeting that the slowdown in emerging economies was hurting Japan's exports, though he stressed that there was no change to his view the economy was set to continue a moderate recovery. BoJ's latest Tankan survey confirmed that the business sentiment outlook is deteriorating. Oil prices are no longer falling and the recovery in domestic demand is likely to support import growth. There is an imminent risk that the Japanese economy will enter an economic downturn if the export recovery is delayed to a large extent. Against this backdrop, it will take some time for Japan's trade surplus to reach a sustainable level. However, Japan's trade balance is likely to continue to show improvement in the long term. "With oil prices having fallen rapidly, terms of Japan's trade are improving, leading to a shrinking trade deficit. Exports in September are expected to have grown by 3.8% yoy (3.1% yoy in August), while imports likely shrunk by 7.1% yoy (vs -3.1% yoy in August)", estimates Societe Generale in a research report. USD/JPY hit session highs at 119.78 earlier on the day and is currently trading at 119.62 at around 1040 GMT. The pair is seen consolidating above the hourly 200-SMA and awaits fresh cues from the upcoming US data and key trade balance figures. Key price breaks are on the horizon, technicals are supportive for an attempt higher. </div><div style="font-weight: bold;">Read Full Text : <a class="button_1" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> Back To Title</a> <a class="button_2" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> Read Full Text</a></div><script src="https://ajax.googleapis.com/ajax/libs/jquery/1.5.1/jquery.min.js" type="text/javascript"> </script> <script> jQuery(document).ready(function(){ jQuery('.button_1').click(function(){ jQuery('.content_1').show('slow'); jQuery('.content_2').hide('slow'); return false; }); jQuery('.button_2').click(function(){ jQuery('.content_1').hide('slow'); jQuery('.content_2').show('slow'); return false; }); }); </script> <br /><img alt=" GBP/USD lower volatility to persist – play with butterfly spreads on low IVs " border="0" src="https://lh3.googleusercontent.com/-2hC7tnfWu_o/VidberNnwaI/AAAAAAAABHM/3dOSFzs4se4/w140-h37-p/point%2B1.JPG" title=" Since the cable's implied volatility is still perceived to be the least within next 1w-1m time frame from other major G7 pairs (at around 6-7%), and observe the price range on technical charts. So here comes a multiple leg of option strategy for regular traders of this currency cross when there is lower IV. A total of 4 legs are involved in the butterfly spreads strategy and a net debit is required to establish the position. The trader can implement this strategy using put options now with similar maturities to deal with lower implied volatility. Construct a butterfly spreads using puts as delta risk reversal has shifted market sentiments towards slightly downwards. One should use this when expectation the exchange price of the GBPUSD to change very little or within a very tight trading range over the life of the option contracts. So strategy goes this way, writing 2 lots of (-1%) at the money -0.49 puts and buying (1%) out the money calls and buying another (1%) in the money call for a net debit. In live scenarios use the longer maturities on longs and shorter maturities on shorts. The highest return for this strategy is attained when the GBPUSD price remains unchanged or nearby ATM strikes at expiration. At this price, only the highest striking put expires in the money. On the flip side, maximum loss would be limited to the extent of initial debit paid to enter the trade plus brokerages. " /><br /><div class="content_1">GBP/USD lower volatility to persist – play with butterfly spreads on low IVs </div><div class="content_2" style="display: none;">Since the cable's implied volatility is still perceived to be the least within next 1w-1m time frame from other major G7 pairs (at around 6-7%), and observe the price range on technical charts. So here comes a multiple leg of option strategy for regular traders of this currency cross when there is lower IV. A total of 4 legs are involved in the butterfly spreads strategy and a net debit is required to establish the position. The trader can implement this strategy using put options now with similar maturities to deal with lower implied volatility. Construct a butterfly spreads using puts as delta risk reversal has shifted market sentiments towards slightly downwards. One should use this when expectation the exchange price of the GBPUSD to change very little or within a very tight trading range over the life of the option contracts. So strategy goes this way, writing 2 lots of (-1%) at the money -0.49 puts and buying (1%) out the money calls and buying another (1%) in the money call for a net debit. In live scenarios use the longer maturities on longs and shorter maturities on shorts. The highest return for this strategy is attained when the GBPUSD price remains unchanged or nearby ATM strikes at expiration. At this price, only the highest striking put expires in the money. On the flip side, maximum loss would be limited to the extent of initial debit paid to enter the trade plus brokerages. </div><div style="font-weight: bold;">Read Full Text : <a class="button_1" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> Back To Title</a> <a class="button_2" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> Read Full Text</a></div><script src="https://ajax.googleapis.com/ajax/libs/jquery/1.5.1/jquery.min.js" type="text/javascript"> </script> <script> jQuery(document).ready(function(){ jQuery('.button_1').click(function(){ jQuery('.content_1').show('slow'); jQuery('.content_2').hide('slow'); return false; }); jQuery('.button_2').click(function(){ jQuery('.content_1').hide('slow'); jQuery('.content_2').show('slow'); return false; }); }); </script> <br /><img alt=" Gold puzzling among cyclical commodities – Collar serves long term hedging motives " border="0" src="https://lh3.googleusercontent.com/-2hC7tnfWu_o/VidberNnwaI/AAAAAAAABHM/3dOSFzs4se4/w140-h37-p/point%2B1.JPG" title=" Yellow metal far month contracts for December delivery on the Comex division of the NYME edged up $1.10, or 0.09%, to trade at $1,173.90 a troy ounce during European morning hours. On the back of mixed bag of US economic reports investors have been skeptic on Fed's rate decision. Gold rallied to a four-month peak of $1,191.70 last week amid speculation the U.S. central bank will not raise rates until sometime next year, if you think the prices of this precious metal are to spike up further, then cover your underlying exposures with collars strategy. Gold futures rallied to 7 week highs today amid growing expectations that the Federal Reserve will hold off on hiking interest rates until 2016. When above fundamental reasoning bothers your trade sentiments, this strategy is for those risky traders who have this commodity exposure at present and are concerned about a correction and wish to hedge the long spot commodity position. How do you do that? Well the hedger takes following positions constructs this strategy: Write an OTM call option + hold an ITM put option (near month Call &amp; mid month put). Writing OTM calls may likely to fetch certain returns since any abrupt slumps in near future may be taken care by this instrument. This helps as a means to hedge a long position in the underlying outrights by holding longs on protective put. Thereby, any declines in this commodity would be taken care by ITM put options since the holder of the put option will have right to sell at predetermined strike price at expiry in case of American style options. " /><br /><div class="content_1">Gold puzzling among cyclical commodities – Collar serves long term hedging motives </div><div class="content_2" style="display: none;">Yellow metal far month contracts for December delivery on the Comex division of the NYME edged up $1.10, or 0.09%, to trade at $1,173.90 a troy ounce during European morning hours. On the back of mixed bag of US economic reports investors have been skeptic on Fed's rate decision. Gold rallied to a four-month peak of $1,191.70 last week amid speculation the U.S. central bank will not raise rates until sometime next year, if you think the prices of this precious metal are to spike up further, then cover your underlying exposures with collars strategy. Gold futures rallied to 7 week highs today amid growing expectations that the Federal Reserve will hold off on hiking interest rates until 2016. When above fundamental reasoning bothers your trade sentiments, this strategy is for those risky traders who have this commodity exposure at present and are concerned about a correction and wish to hedge the long spot commodity position. How do you do that? Well the hedger takes following positions constructs this strategy: Write an OTM call option + hold an ITM put option (near month Call &amp; mid month put). Writing OTM calls may likely to fetch certain returns since any abrupt slumps in near future may be taken care by this instrument. This helps as a means to hedge a long position in the underlying outrights by holding longs on protective put. Thereby, any declines in this commodity would be taken care by ITM put options since the holder of the put option will have right to sell at predetermined strike price at expiry in case of American style options. </div><div style="font-weight: bold;">Read Full Text : <a class="button_1" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> Back To Title</a> <a class="button_2" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> Read Full Text</a></div><script src="https://ajax.googleapis.com/ajax/libs/jquery/1.5.1/jquery.min.js" type="text/javascript"> </script> <script> jQuery(document).ready(function(){ jQuery('.button_1').click(function(){ jQuery('.content_1').show('slow'); jQuery('.content_2').hide('slow'); return false; }); jQuery('.button_2').click(function(){ jQuery('.content_1').hide('slow'); jQuery('.content_2').show('slow'); return false; }); }); </script> <br /><img 1="" 59.8="" 65="" alt=" Significantly higher Swiss gold exports to China and Hong Kong in September " and="" at="" august="" be="" border="0" by="" census="" chinese="" commerzbank.="" corresponding="" data="" days.="" department="" even="" exports="" few="" from="" gold="" government="" high="" highest="" hong="" imports="" in="" is="" kong="" least="" monthly="" more="" next="" notes="" of="" points="" published="" september="" src="https://lh3.googleusercontent.com/-2hC7tnfWu_o/VidberNnwaI/AAAAAAAABHM/3dOSFzs4se4/w140-h37-p/point%2B1.JPG" statistics="" than="" the="" this="" title=" The gold price is finding it impossible to entirely ignore the weakness among cyclical commodities and is trading some of the time this morning at below $1,170 per troy ounce. Switzerland exported 141.5 tons of gold in September, which is just shy of 19% less than in the previous month, as data from the customs authorities show. There were also some more striking changes: exports to India for instance plunged by two thirds to just 23 tons, whereas exports to China climbed by 28% to a six-month high of 21.7 tons. " to="" tons="" totalled="" volume="" which="" will="" years.="" /><br /><div class="content_1">Significantly higher Swiss gold exports to China and Hong Kong in September </div><div class="content_2" style="display: none;">The gold price is finding it impossible to entirely ignore the weakness among cyclical commodities and is trading some of the time this morning at below $1,170 per troy ounce. Switzerland exported 141.5 tons of gold in September, which is just shy of 19% less than in the previous month, as data from the customs authorities show. There were also some more striking changes: exports to India for instance plunged by two thirds to just 23 tons, whereas exports to China climbed by 28% to a six-month high of 21.7 tons. "Gold exports to Hong Kong even totalled 59.8 tons in September, which is 65% more than in August and the highest monthly volume in at least 1½ years. This points to high Chinese gold imports from Hong Kong", notes Commerzbank. The corresponding data will be published by the Census and Statistics Department of the Hong Kong government in the next few days. </div><div style="font-weight: bold;">Read Full Text : <a class="button_1" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> Back To Title</a> <a class="button_2" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> Read Full Text</a></div><script src="https://ajax.googleapis.com/ajax/libs/jquery/1.5.1/jquery.min.js" type="text/javascript"> </script> <script> jQuery(document).ready(function(){ jQuery('.button_1').click(function(){ jQuery('.content_1').show('slow'); jQuery('.content_2').hide('slow'); return false; }); jQuery('.button_2').click(function(){ jQuery('.content_1').hide('slow'); jQuery('.content_2').show('slow'); return false; }); }); </script> <br /><img a="" absence="" alt=" Brent oil price drops by almost 4% " any="" as="" bearish="" border="0" come="" commerzbank.="" crude="" for="" in="" longer="" lower="" negative="" new="" news.="" no="" of="" oil="" price="" processing="" rate="" reasons="" renewed="" rise="" seasonal="" should="" src="https://lh3.googleusercontent.com/-2hC7tnfWu_o/VidberNnwaI/AAAAAAAABHM/3dOSFzs4se4/w140-h37-p/point%2B1.JPG" stabilize="" steep="" stocks="" suggests="" surprise="" the="" title=" Oil prices were under considerable selling pressure yesterday. Brent shed nearly 4% and closed trading well below $49 per barrel. WTI fell by 3% to just shy of $46 per barrel. There was no real trigger for yesterday's price slide, which was probably due to a variety of factors that prompted the sell-off, such as weak Chinese data, declining crack spreads for oil products, the prospect of growing oil production from Iran and speculative sales. The latter is suggested by the fact that speculative net long positions in Brent were significantly expanded by 17,700 to 207,100 contracts in the week to 13 October, putting them at their highest level in nearly three months. The increase in the price of Brent to a six-week high of $54 per barrel was thus driven to a major extent by speculation, and is now evidently being corrected. The 9% price rise in the reporting week has at least been largely reversed again in the meantime. " us="" view="" /><br /><div class="content_1">Brent oil price drops by almost 4% </div><div class="content_2" style="display: none;">Oil prices were under considerable selling pressure yesterday. Brent shed nearly 4% and closed trading well below $49 per barrel. WTI fell by 3% to just shy of $46 per barrel. There was no real trigger for yesterday's price slide, which was probably due to a variety of factors that prompted the sell-off, such as weak Chinese data, declining crack spreads for oil products, the prospect of growing oil production from Iran and speculative sales. The latter is suggested by the fact that speculative net long positions in Brent were significantly expanded by 17,700 to 207,100 contracts in the week to 13 October, putting them at their highest level in nearly three months. The increase in the price of Brent to a six-week high of $54 per barrel was thus driven to a major extent by speculation, and is now evidently being corrected. The 9% price rise in the reporting week has at least been largely reversed again in the meantime. "The oil price should stabilize in the absence of any new bearish news. A renewed steep rise in US crude oil stocks should no longer come as a negative surprise in view of the lower rate of crude oil processing for seasonal reasons", suggests Commerzbank. </div><div style="font-weight: bold;">Read Full Text : <a class="button_1" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> Back To Title</a> <a class="button_2" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> Read Full Text</a></div><script src="https://ajax.googleapis.com/ajax/libs/jquery/1.5.1/jquery.min.js" type="text/javascript"> </script> <script> jQuery(document).ready(function(){ jQuery('.button_1').click(function(){ jQuery('.content_1').show('slow'); jQuery('.content_2').hide('slow'); return false; }); jQuery('.button_2').click(function(){ jQuery('.content_1').hide('slow'); jQuery('.content_2').show('slow'); return false; }); }); </script> <br /><img -="" 1="" 2.5="" 2014="" 2015="" a="" according="" acknowledge="" alt=" U.S. GDP growth: down but not out " an="" and="" annual="" argues="" as="" bank.="" believed="" big="" border="0" by="" compared="" consumer="" consumers="" continue="" demand="" do="" domestic="" down="" drag="" driver="" economic="" economy="" emerging="" estimated="" estimations="" exceed="" expand="" expected="" exports="" for="" from="" gdp="" growth="" have="" hit="" if="" impact="" in="" inventories="" is="" key="" largely="" lead="" lower="" market="" net="" nordea="" not="" of="" offset="" oil="" on="" our="" outlook:="" overall="" plenty="" point="" positive="" prices="" pulled="" q3="" rate="" real="" says="" see="" shock="" side.="" side="" solid="" spectacular="" spending="" src="https://lh3.googleusercontent.com/-2hC7tnfWu_o/VidberNnwaI/AAAAAAAABHM/3dOSFzs4se4/w140-h37-p/point%2B1.JPG" stronger="" struggling="" supply="" tailwind="" that="" the="" they="" title=" The latest ISM indices are consistent with a 3%+ trend in the U.S. GDP growth as the strong non-manufacturing sector continues to offset weakness in manufacturing. After all, the manufacturing sector of the economy makes up only 12% of GDP and 9% of payrolls. " to="" tracking="" u.s.="" us="" usd.="" usd="" way="" we="" weak="" whole="" will="" /><br /><div class="content_1">U.S. GDP growth: down but not out </div><div class="content_2" style="display: none;">The latest ISM indices are consistent with a 3%+ trend in the U.S. GDP growth as the strong non-manufacturing sector continues to offset weakness in manufacturing. After all, the manufacturing sector of the economy makes up only 12% of GDP and 9% of payrolls. "We do acknowledge that Q3 GDP growth is struggling to exceed 1%. According to our estimations, real GDP growth of the U.S. is tracking a 1½% annual rate in Q3, pulled down by an estimated ½% point drag from net exports and a big 1½% point drag from inventories", says Nordea Bank. Domestic demand is believed to continue as the key driver of US growth, and consumers will lead the way as they have plenty of tailwind, see US Economic Outlook: Solid demand side - weak supply side. For the overall economy, the positive impact of lower oil prices and a stronger USD on consumer spending is expected to largely offset the hit to net exports from the Emerging Market shock and the stronger USD. The U.S. economy will expand a solid, if not spectacular, 2.5% in 2015 as a whole compared to 2014, argues Nordea Bank. </div><div style="font-weight: bold;">Read Full Text : <a class="button_1" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> Back To Title</a> <a class="button_2" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> Read Full Text</a></div><script src="https://ajax.googleapis.com/ajax/libs/jquery/1.5.1/jquery.min.js" type="text/javascript"> </script> <script> jQuery(document).ready(function(){ jQuery('.button_1').click(function(){ jQuery('.content_1').show('slow'); jQuery('.content_2').hide('slow'); return false; }); jQuery('.button_2').click(function(){ jQuery('.content_1').hide('slow'); jQuery('.content_2').show('slow'); return false; }); }); </script> <br /><img alt=" Is tight labor market limiting U.S. job growth? " border="0" src="https://lh3.googleusercontent.com/-2hC7tnfWu_o/VidberNnwaI/AAAAAAAABHM/3dOSFzs4se4/w140-h37-p/point%2B1.JPG" title=" The slowdown in payrolls growth in August and September might delay the first Fed rate hike until early 2016, unless the weakness is reversed in the two remaining job reports ahead of the 15-16 December FOMC meeting. However, the disappointing payroll growth of 136k in August and 142k in September does not signal the start of sustained labour market deterioration and a weak economy, in our view. As a matter of fact, there are some indications that the recent slowdown in job growth might be partly due to limited labour supply rather than weak demand. The deterioration of job growth in manufacturing - a sector highly sensitive to cyclical swings and the USD - accounts for only one-fourth of the slowdown in total payrolls growth in August and September compared to the trend earlier this year. The sharpest weakening in payrolls growth over the last two months has actually been in business services - a sector which normally is considered relatively insensitive to swings in global demand and the USD. The same goes for retail trade and education and health services, where the slowdown in employment growth also has been relatively significant. These observations suggest that a tightening labour market and difficulties in finding qualified workers might be a factor now starting to limit job growth, adding to the negative impact of the stronger USD, says Nordea Bank. " /><br /><div class="content_1">Is tight labor market limiting U.S. job growth? </div><div class="content_2" style="display: none;">The slowdown in payrolls growth in August and September might delay the first Fed rate hike until early 2016, unless the weakness is reversed in the two remaining job reports ahead of the 15-16 December FOMC meeting. However, the disappointing payroll growth of 136k in August and 142k in September does not signal the start of sustained labour market deterioration and a weak economy, in our view. As a matter of fact, there are some indications that the recent slowdown in job growth might be partly due to limited labour supply rather than weak demand. The deterioration of job growth in manufacturing - a sector highly sensitive to cyclical swings and the USD - accounts for only one-fourth of the slowdown in total payrolls growth in August and September compared to the trend earlier this year. The sharpest weakening in payrolls growth over the last two months has actually been in business services - a sector which normally is considered relatively insensitive to swings in global demand and the USD. The same goes for retail trade and education and health services, where the slowdown in employment growth also has been relatively significant. These observations suggest that a tightening labour market and difficulties in finding qualified workers might be a factor now starting to limit job growth, adding to the negative impact of the stronger USD, says Nordea Bank. </div><div style="font-weight: bold;">Read Full Text : <a class="button_1" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> Back To Title</a> <a class="button_2" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> Read Full Text</a></div><script src="https://ajax.googleapis.com/ajax/libs/jquery/1.5.1/jquery.min.js" type="text/javascript"> </script> <script> jQuery(document).ready(function(){ jQuery('.button_1').click(function(){ jQuery('.content_1').show('slow'); jQuery('.content_2').hide('slow'); return false; }); jQuery('.button_2').click(function(){ jQuery('.content_1').hide('slow'); jQuery('.content_2').show('slow'); return false; }); }); </script> <br /><img alt=" Trendline breach, bearish candles and oscillators signal EUR/CAD to drag further dips " border="0" src="https://lh3.googleusercontent.com/-2hC7tnfWu_o/VidberNnwaI/AAAAAAAABHM/3dOSFzs4se4/w140-h37-p/point%2B1.JPG" title=" On both weekly and daily charts of EURCAD, we spot out Doji pattern candles formed to highlight a caution for bulls. As you can observe Doji on weekly charts has occurred exactly on a trendline breach at around 1.4909 levels which is to be considered as a caution of previous of upswings. On daily chart, again a sharp Doji is formed at 1.4838 levels followed by a long real body bearish candle has formed to fall below moving average curve. In addition to that leading oscillators are showing convergence with the price dips on weekly chart. RSI (14) looks healthily converging with every price declines at 59.9291; it has been showing the same indication right from overbought territory. So, RSI signifies the prevailing down streaks may sustain for some slumps. While another leading oscillator (slow stochastic) hints us the overbought heaviness through %D crossover above 80 levels which overbought zone though the bulls don't seem to lose rallies built by healthy volumes. Hence, we could see our next targets at 1.4525 levels on south. " /><br /><div class="content_1">Trendline breach, bearish candles and oscillators signal EUR/CAD to drag further dips </div><div class="content_2" style="display: none;">On both weekly and daily charts of EURCAD, we spot out Doji pattern candles formed to highlight a caution for bulls. As you can observe Doji on weekly charts has occurred exactly on a trendline breach at around 1.4909 levels which is to be considered as a caution of previous of upswings. On daily chart, again a sharp Doji is formed at 1.4838 levels followed by a long real body bearish candle has formed to fall below moving average curve. In addition to that leading oscillators are showing convergence with the price dips on weekly chart. RSI (14) looks healthily converging with every price declines at 59.9291; it has been showing the same indication right from overbought territory. So, RSI signifies the prevailing down streaks may sustain for some slumps. While another leading oscillator (slow stochastic) hints us the overbought heaviness through %D crossover above 80 levels which overbought zone though the bulls don't seem to lose rallies built by healthy volumes. Hence, we could see our next targets at 1.4525 levels on south. </div><div style="font-weight: bold;">Read Full Text : <a class="button_1" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> Back To Title</a> <a class="button_2" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> Read Full Text</a></div><script src="https://ajax.googleapis.com/ajax/libs/jquery/1.5.1/jquery.min.js" type="text/javascript"> </script> <script> jQuery(document).ready(function(){ jQuery('.button_1').click(function(){ jQuery('.content_1').show('slow'); jQuery('.content_2').hide('slow'); return false; }); jQuery('.button_2').click(function(){ jQuery('.content_1').hide('slow'); jQuery('.content_2').show('slow'); return false; }); }); </script> <br /><img alt=" MAS reduces SGD NEER policy band slope slightly " border="0" src="https://lh3.googleusercontent.com/-2hC7tnfWu_o/VidberNnwaI/AAAAAAAABHM/3dOSFzs4se4/w140-h37-p/point%2B1.JPG" title=" The Monetary Authority of Singapore (MAS) reduced the slope of its SGD NEER policy band slightly on 14 October - to 1% from our previous assumption of 1.5%. All other policy parameters (width of the policy band, level of the band's midpoint) of the SGD NEER were maintained. The outcome was somewhat unexpected. Furthermore, the market reaction following the announcement was closer to the call for the MAS to leave its policy unchanged: USDSGD fell 0.6% and the SGD NEER strengthened 50bp, an unusual reaction to a proper easing move. Most importantly, the MAS maintained its stance of gradual appreciation, whereas the market expected the Authority to move to neutral (zero slope) stance. Overall, the token easing was consistent with the view of no material deterioration in the outlook for growth and inflation amid the still-tight labour market. More importantly, it does not signal the additional policy easing in April 2016 is likely, unless there is a significant worsening in the external outlook or signs of a clear and systemic external shock, says Barclays. Coupled with stronger-than-expected Q3 GDP growth, the MAS seemed more relaxed over the economy and maintained its 2015 growth forecast, added Barclays. " /><br /><div class="content_1">MAS reduces SGD NEER policy band slope slightly </div><div class="content_2" style="display: none;">The Monetary Authority of Singapore (MAS) reduced the slope of its SGD NEER policy band slightly on 14 October - to 1% from our previous assumption of 1.5%. All other policy parameters (width of the policy band, level of the band's midpoint) of the SGD NEER were maintained. The outcome was somewhat unexpected. Furthermore, the market reaction following the announcement was closer to the call for the MAS to leave its policy unchanged: USDSGD fell 0.6% and the SGD NEER strengthened 50bp, an unusual reaction to a proper easing move. Most importantly, the MAS maintained its stance of gradual appreciation, whereas the market expected the Authority to move to neutral (zero slope) stance. Overall, the token easing was consistent with the view of no material deterioration in the outlook for growth and inflation amid the still-tight labour market. More importantly, it does not signal the additional policy easing in April 2016 is likely, unless there is a significant worsening in the external outlook or signs of a clear and systemic external shock, says Barclays. Coupled with stronger-than-expected Q3 GDP growth, the MAS seemed more relaxed over the economy and maintained its 2015 growth forecast, added Barclays. </div><div style="font-weight: bold;">Read Full Text : <a class="button_1" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> Back To Title</a> <a class="button_2" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> Read Full Text</a></div><script src="https://ajax.googleapis.com/ajax/libs/jquery/1.5.1/jquery.min.js" type="text/javascript"> </script> <script> jQuery(document).ready(function(){ jQuery('.button_1').click(function(){ jQuery('.content_1').show('slow'); jQuery('.content_2').hide('slow'); return false; }); jQuery('.button_2').click(function(){ jQuery('.content_1').hide('slow'); jQuery('.content_2').show('slow'); return false; }); }); </script> <br /><img 13th="" 17="" 2015="" 33="" a="" acquire="" activity="" allowing="" already="" alt=" Early guidance on banking business scope expansion possible in China " and="" approval="" are="" as="" banking="" banks="" barclays.="" barriers="" basis="" been="" bocom-huaying="" bocom="" border="0" business.="" business="" businesses="" by="" case="" commented="" could="" csrc="" diversified="" early="" encourage="" entity="" example="" expand="" expansion="" expected="" exun="" financial="" for="" fyp="" given="" guidance="" had="" has="" have="" however="" huaying="" i.e.="" if="" in="" include="" information.="" information="" initial="" into="" is="" it="" jiangsu="" july="" legal="" licence="" local="" m="" may="" media="" model="" more="" not="" of="" on="" operate="" other="" overall="" place="" potential="" potentially="" prevent="" proper="" regulator="" reported="" require="" risks="" says="" scope="" securities="" separate="" signs="" src="https://lh3.googleusercontent.com/-2hC7tnfWu_o/VidberNnwaI/AAAAAAAABHM/3dOSFzs4se4/w140-h37-p/point%2B1.JPG" stability="" stake="" stand-alone="" sub-sectors.="" successful="" such="" system.="" tested="" that="" the="" their="" there="" these="" this="" threaten="" title=" In the past five years, China banks have reduced their reliance on credit business, as demonstrated by the non-interest income contribution to total revenue for the overall sector rising to 24.6% in 2Q15 from 20.8% in 1Q11. Nonetheless, this is still markedly lower than some banks in the US, where the proportion of non-interest income is as high as 50%. The ongoing interest rate liberalisation in China could provide more incentive for banks to diversify their sources of revenue and further improve their non-interest income contribution. " to="" two="" were="" with="" /><br /><div class="content_1">Early guidance on banking business scope expansion possible in China </div><div class="content_2" style="display: none;">In the past five years, China banks have reduced their reliance on credit business, as demonstrated by the non-interest income contribution to total revenue for the overall sector rising to 24.6% in 2Q15 from 20.8% in 1Q11. Nonetheless, this is still markedly lower than some banks in the US, where the proportion of non-interest income is as high as 50%. The ongoing interest rate liberalisation in China could provide more incentive for banks to diversify their sources of revenue and further improve their non-interest income contribution. "The 13th FYP is expected to include early guidance on the scope for expansion of banking business. There are already initial signs that such activity has been tested by the regulator, for example, local media (Hexun, 17 July 2015) reported that BOCOM had been given approval by the local Jiangsu CSRC to acquire a 33% stake in Huaying Securities", says Barclays. The two banks have not commented on this information. If the BOCOM-Huaying case were successful, it could potentially encourage more M&amp;A activity, allowing banks to expand their business into other financial sub-sectors. However, such a diversified business model may require these businesses to operate on a stand-alone basis (i.e. as a separate legal entity) with a separate licence and proper information barriers in place, to prevent potential risks that could threaten the stability of the overall banking system. </div><div style="font-weight: bold;">Read Full Text : <a class="button_1" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> Back To Title</a> <a class="button_2" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> Read Full Text</a></div><script src="https://ajax.googleapis.com/ajax/libs/jquery/1.5.1/jquery.min.js" type="text/javascript"> </script> <script> jQuery(document).ready(function(){ jQuery('.button_1').click(function(){ jQuery('.content_1').show('slow'); jQuery('.content_2').hide('slow'); return false; }); jQuery('.button_2').click(function(){ jQuery('.content_1').hide('slow'); jQuery('.content_2').show('slow'); return false; }); }); </script> <br /><img a="" added="" alt=" China's domestic financial reforms deepening " and="" banks="" barclays.="" barriers="" border="0" capital="" entry="" expect="" financial="" for="" include="" insurance="" lowering="" market="" of="" other="" oversight="" private="" reforms="" regulation="" sector="" src="https://lh3.googleusercontent.com/-2hC7tnfWu_o/VidberNnwaI/AAAAAAAABHM/3dOSFzs4se4/w140-h37-p/point%2B1.JPG" strengthening="" title=" On China's domestic financial reforms, interest rate liberalisation is likely to proceed with the removal of the cap on all deposit rates. In parallel with this change, the PBoC is aiming to transform its monetary policy framework, as the one-year benchmark savings rate will no longer be used as a monetary policy tool after liberalisation, says Barclays. This can be done by setting up a new policy rate (or rate corridors consisting of an overnight liquidity window and refinancing rates) and using it to guide the interbank rate. " we="" /><br /><div class="content_1">China's domestic financial reforms deepening </div><div class="content_2" style="display: none;">On China's domestic financial reforms, interest rate liberalisation is likely to proceed with the removal of the cap on all deposit rates. In parallel with this change, the PBoC is aiming to transform its monetary policy framework, as the one-year benchmark savings rate will no longer be used as a monetary policy tool after liberalisation, says Barclays. This can be done by setting up a new policy rate (or rate corridors consisting of an overnight liquidity window and refinancing rates) and using it to guide the interbank rate. "We expect other capital market reforms include a strengthening of financial regulation/oversight, a lowering of entry barriers for private banks and insurance sector reforms", added Barclays. </div><div style="font-weight: bold;">Read Full Text : <a class="button_1" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> Back To Title</a> <a class="button_2" href="https://www.blogger.com/blogger.g?blogID=3565408594758982642#"> Read Full Text</a></div><script src="https://ajax.googleapis.com/ajax/libs/jquery/1.5.1/jquery.min.js" type="text/javascript"> </script> <script> jQuery(document).ready(function(){ jQuery('.button_1').click(function(){ jQuery('.content_1').show('slow'); jQuery('.content_2').hide('slow'); return false; }); jQuery('.button_2').click(function(){ jQuery('.content_1').hide('slow'); jQuery('.content_2').show('slow'); return false; }); }); </script> <script src="https://ajax.googleapis.com/ajax/libs/jquery/1.5.1/jquery.min.js" type="text/javascript"> </script></div>ZAT Cohttps://plus.google.com/109368630212859290585noreply@blogger.com0tag:blogger.com,1999:blog-3565408594758982642.post-49022091448780273342015-10-16T14:47:00.000+03:002015-10-16T14:55:47.777+03:004903949.txtZAT Cohttps://plus.google.com/109368630212859290585noreply@blogger.com0